On March 19, Sinovel Precision (688059.SH) said on the SSE interactive platform that the tools for the processing of key parts of humanoid robots are one of the key directions of the company's strategic layout. On the other hand, the company actively explores customers in related fields, Unitree Technology is one of them, and the company has provided some tool product samples.

However, Sinovel Precision reminds investors that the company has not yet become a supplier of Unitree Technology, and there is a certain risk of uncertainty in the final test results of sample products, so investors should pay attention to rational investment.

Unitree Technology was established in August 2016, and the actual controller Wang Xingxing directly holds 26.9673% of the shares.

In December 2024, Unitree Technology updated a Unitree B2-W robot dog video. The video shows that at present, the Unitree B2-W robot dog can complete Thomas's full spin, side flip, 360° jump and turn, rush jump, polar parkour, quickly slide down an extremely steep hill, sprint in shallow water, climb against the current in a stream, jump from the top of a 2.8m building, climb forward with a load of 40kg, and even carry an adult man forward.

In January 2025, Unitree Technology released the first application solution of the G1 humanoid robot, UnitreeG1-Comp, calling it "a football superstar created for the game". The video shows that the G1 has been upgraded in terms of walking and running gait, and can walk unhindered on complex roads such as rails and stones.

In the subsequent CCTV Spring Festival Gala of the Year of the Snake, 16 humanoid robots from Hangzhou Unitree Technology wore large flower jackets and performed handkerchiefs and Yangge twists in a uniform manner.

Unitree Technology has attracted global attention with its Spring Festival Gala performance, and its humanoid robot products have also been favored in overseas markets.

On March 19, Unitree Technology updated the latest video, calling G1 the world's first humanoid robot to complete a side flip.

Goldman Sachs predicts that the global humanoid robot market is expected to reach $154 billion to $205 billion in 2035.

According to the data of the National and Local Humanoid Robot Innovation Center, the size of China's market is expected to be 5.3 billion yuan in 2025, and it will further jump to 216 billion yuan by 2035, with a CAGR of 44.88%.

Huarui Precision is mainly engaged in the research and development, production and sales of tungsten carbide CNC tools. As the core component of CNC machine tools for metal cutting, cemented carbide CNC tools are widely used in metal material processing in automobiles, rail transit, aerospace, precision molds, energy equipment, construction machinery, general machinery, petrochemical and other fields.

According to its 2024 interim report, the company's core products have been at the domestic advanced level in terms of cutting performance such as machining accuracy, machining efficiency and service life, and have entered the domestic high-end market occupied by European, American, Japanese and South Korean tool companies for a long time.

According to the statistics and certification of the China Tungsten Industry Association, the company's cemented carbide CNC blade output will rank second among domestic enterprises in 2023, third in 2022, and third in 2021.

However, the company's performance is currently under pressure. In 2024, Sinovel Precision will achieve revenue of 759 million yuan, a year-on-year decrease of 4.42%; net profit attributable to the parent company was 107 million yuan, a year-on-year decrease of 32%; deducted non-net profit of 105 million yuan, a year-on-year decrease of 31.41%.

Sinovel attributed the decline in net profit to "the decline in operating income and the decline in gross profit margin due to the lack of capacity utilization."

(Redirected from: Bubble Finance).