This evening, Sanhua Intelligent control announced that the company and its holding subsidiary Hangzhou Xiantu Electronics Co., LTD. (hereinafter referred to as “Xiantu Electronics”) and Hangzhou Qiantang New Area Management Committee (hereinafter referred to as “Qiantang Management Committee”) signed the “Sanhua Intelligent Control Future Industry Center Project Investment Agreement”, which consists of two sub-projects with a planned total investment of not less than 5 billion yuan. Sanhua Intelligent Control said that the company has rich project experience in the construction of production bases, advanced technology, sufficient personnel and financial security, and the ability to fulfill the agreement.

Specifically, Xiantu Electronics plans to invest in the construction of Xiantu intelligent frequency conversion controller production base project in Qiantang District, as the research and development and production, operation and sales headquarters of Xiantu Electronics in the Yangtze River Delta region, with a planned total investment of no less than 1.2 billion yuan; Sanhua Intelligent Control plans to invest in the development and production base of robot electromechanical actuators and domain controllers in Qiantang District, with a planned total investment of no less than 3.8 billion yuan.

Sanhua Intelligent Control said that the implementation of the above agreement is conducive to the company to expand the scale of refrigeration and air conditioning electrical parts and auto parts business, enhance the company’s comprehensive competitive strength in the field of HVAC appliances and automotive thermal management, while the development of the robot servo actuator integration project is conducive to the company to improve industrial innovation ability and core competitiveness.

Previously, Sanhua Intelligent Control said in the acceptance of institutional investors research, the company has put the bionic robot electromechanical actuator project (hereinafter referred to as the “robot project”) as a key project, the robot project and the company’s existing business core technology homology, is based on the automotive thermal management system, the existing business in other application areas of the expansion of research, at the same time, The two have highly similar production processes and technologies.

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This means that Sanhua Intelligent Control can quickly enter the robot market by using the existing resource advantages and scientific and technological advantages, and can realize the extension and expansion of the company’s existing industrial chain. It is reported that the electromechanical actuator is the core component of the bionic robot, which is mainly composed of servo motor, deceleration mechanism and encoder.

Sanhua Intelligent Control also said that according to public information data, the actuator accounted for more than 80% of the hardware cost of humanoid robots, and the future robot project of the company is expected to benefit from the rapid growth of the humanoid robot market and become the driving force for the growth of the company’s performance in the future.

In the 2022 annual report, Sanhua Intelligent Control plans to cooperate with customer product development, trial production, adjustment and finally achieve mass production in 2023; At the same time, synchronously with the customer’s mass production target, and actively plan the overseas production layout of electromechanical actuators.

Cailiannews reporter noted that since 2023, Sanhua Intelligent Control has actively arranged around the electromechanical actuator business of bionic robots. In April last year, Sanhua Intelligent control announced that the company signed a strategic cooperation agreement with Green Harmonic, and the two sides will jointly invest in the establishment of a joint venture in Sanhua Mexico Industrial Park, the main business is the research and development, manufacturing and sales of harmonic reducer related products.

Huaxin Securities recently reported that with the first domestic humanoid robot company Youbi landing in Hong Kong stocks, the development of domestic humanoid robot industry is expected to accelerate. Dongwu Securities Research report believes that 2024 is the year of Tesla humanoid robots, and domestic manufacturers are expected to play an important role in mass production and cost reduction.