Shanghai Electric Group's Q1 Net income surged by 145.7%, with an increase in gross profit margin from core Business | Earnings Reports insights.

In the first quarter, Shanghai Electric Group's performance showed a significant recovery, with operating income increasing by 8.06% year-on-year, and net income increasing sharply by 145.69%. The net income excluding non-recurring items turned a loss into a profit. This improvement in performance is mainly attributed to the steady development of the company's core business, with an increase in core business revenue and gross profit during the reporting period compared to the same period last year.

wallstreetcnApr 28 09:48 ET

Humanoid robot competition: a "technical coming-of-age ceremony" where "flops" and "evolution" occur simultaneously.

① The champion team from Tian Gong, CTO Tang Jian of the Peking Humanoid Robot Innovation Center, told the Star Daily reporter, "The half marathon competition is mainly a limit test for the robot's Hardware and Software motion algorithm, or the stability and reliability of the robot's 'little brain'." ② The Wuxi embodied intelligence sports event opening tomorrow, along with the upcoming robot combat competition held by Yushu, will undoubtedly attract more attention for 'inspection.'

cls.cnApr 24 09:16 ET

The first low-altitude Logistics nationwide coverage operation qualification certificate has been issued, welcoming a Gold development period for the low-altitude economy.

① Reporters from the Star Daily learned that Meituan's self-developed fourth-generation Drone has recently passed the review by the Civil Aviation Administration and obtained the country's first certificate for qualification in low-altitude Logistics full coverage Operation. ② Dongxing pointed out that the low-altitude economy conforms to the S-type curve growth pattern and is expected to accelerate in development speed in the future.

cls.cnApr 22 20:38 ET

Siasun Robot&Automation team "operating" ignites the buzz! The Industry Chain frequently updates progress. Analysts suggest that the next 2-3 years may be a critical period for mass production.

① This year, the Guangzhou Fair has set up a special area for service robots for the first time, and exhibitors revealed that customers made deposits on the spot, with some even stating that "9 out of 10 display models were booked." ② Currently, there are 11 major humanoid Ontology manufacturers in China that have started mass production plans for 2024, with several manufacturers planning to produce over a thousand units in 2025. ③ Analysts state that the next 2-3 years will be a crucial period for large-scale mass production and delivery of robots.

cls.cnApr 21 21:29 ET

Who is providing support to the Siasun Robot&Automation half marathon champion? | Focus

① The market generally believes that this event is not only a concentrated demonstration and testing of robotic technology, but also marks a critical point for humanoid robots transitioning from the laboratory to industrialization; ② Obizunlight claims that in the consumer goods industrial sector, humanoid robots have the potential to replace industrial robots and end effectors, especially exhibiting significant advantages in precision operation.

cls.cnApr 21 20:45 ET

Enhancing high-end production capacity Qinchuan Machine Tool & Tool Group Share: The high-end Industrial Mother Machine innovation base project will be completed by the end of this year | Direct coverage of the Earnings Conference.

1. The Qinchuan Machine Tool & Tool Group Share high-end Industrial Mother Machine innovation base project is expected to be completed by the end of 2025, and part of it has already been put into use, with production capacity gradually being released. In 2024, the number of five-axis machine tools produced at this base is expected to increase by over 100% year-on-year; 2. The company's industrial robot joint reducers have five major series, over 40 specifications, and more than 140 gear ratios, with an annual production capacity of 60,000 to 90,000 sets.

cls.cnApr 16 08:12 ET