In the field of industrial automation, Hechuan Technology (688320), as a specialized and new “little giant” on the Science and Technology Innovation Board, has always attracted much attention.
The company uses servo systems, PLC and other industrial control products as its basic base, constantly explores new growth poles in the industry cycle and technological changes, and actively bets on the track of core components of humanoid robots.
Hechuan Technology focuses on the field of industrial automation control, with servo systems and PLC as its core, and its business covers a wide range of smart manufacturing scenarios such as photovoltaics and lithium batteries.
The company’s performance will be outstanding in 2025, with revenue reaching 1.028 billion yuan, a year-on-year increase of 26.79%.
However, the net profit attributable to the parent company was a loss of 129 million yuan, and the loss after deduction was 163 million yuan, but compared with before, the loss was smaller.
In order to cultivate new growth points, Hechuan Technology uses humanoid robots as a strategic breakthrough.
As early as August 2024, the company established Zhejiang Hechuan Humanoid Robot Co., Ltd. to focus on the humanoid robot industry chain and actively deploy core components and complete machine research and development.
At the 2024 World Robot Conference, Hechuan Technology exhibited the universal humanoid robot “YOLO” Youlong 01. 90% of the robot’s body parts are self-made by the company, which fully demonstrates the company’s strong research and development strength in the field of humanoid robots.
Since its deployment in the field of humanoid robots, Hechuan Technology has made fruitful achievements.
The company has launched 2 main body and key core component products, including rotating joint modules, linear actuators, dexterous hands, coreless motors, frameless torque motors, encoders, etc.
Moreover, these products have already received orders, which means that Hechuan Technology has taken a solid step in the humanoid robot market.
It is worth mentioning that while developing the whole machine, Hechuan Technology attaches great importance to ecological cooperation.
Its robot business has successfully entered Huawei’s robot industry chain.
On November 15, 2024, a subsidiary of Hechuan Technology signed a memorandum of cooperation with Huawei’s Global Embodied Intelligent Industry Innovation Center. The two parties will jointly promote the research and development of embodied intelligent robots.
This kind of cooperation will not only help Hechuan Technology achieve greater technological breakthroughs, but also win more development opportunities for it in the humanoid robot market.
In the future, with the continuous development of industrial automation and the gradual maturity of the humanoid robot market, Hechuan Technology is expected to achieve further growth by leveraging its advantages in the fields of industrial control products and humanoid robots.
We also look forward to Hechuan Technology being able to introduce more high-quality Chinese products to the world in the global market and make greater contributions to the development of China’s industrial automation and robotics industries.
