China's humanoid robot industry records robust profits
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4 months, 3 weeks ago

China's humanoid robot industry records robust profits

China Daily  

The revenue of 54 A-share listed companies in the humanoid robot industry reached 246.71 billion yuan in the first nine months of 2024, up 9.21 percent on a yearly basis, while the net profits recorded 13.94 billion yuan, up 14.82 percent year-on-year, said Securities Daily on Tuesday. Everwin Precision Technology, which entered the core components supply chain of global top two humanoid robot companies, registered growth that jumped 382 times in the first three quarters from the previous year. The 54 listed companies in the humanoid robot industry invested 18.51 billion yuan in research and development, up by 7.42 percent on a yearly basis in the first three quarters of this year. China’s humanoid robot industry has entered a crucial stage from zero to one, and it is expected to record a sustained growth in this sector in the future, according to China Avic Securities.

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