Jiangsu Hagong Intelligent Robot Co.Ltd(000584) 2021 revenue increased slightly Siasun Robot&Automation Co.Ltd(300024) ontology business made a breakthrough

On April 14, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) 2021 annual report was released. During the reporting period, the company achieved an operating revenue of 1.722 billion yuan, a year-on-year increase of 6.46%; Net profit attributable to parent company -555 million yuan.

Jiangsu Hagong Intelligent Robot Co.Ltd(000584) said that affected by the downturn of the automobile industry, the gross profit margin of Jiangsu Hagong Intelligent Robot Co.Ltd(000584) project decreased, which had a great impact on the company’s performance. In addition, the operation and collection risks of some downstream customers led to a significant increase in the impairment of accounts receivable accrued during the reporting period.

It is reported that Jiangsu Hagong Intelligent Robot Co.Ltd(000584) is actively adjusting its strategy and R & D direction, transforming its strategy into intelligent military industry, extending to the upstream and downstream of the new energy industry chain, constantly exploring the technical combination and industrial application of Siasun Robot&Automation Co.Ltd(300024) with AI, 5g, vision, medical treatment, military technological transformation and non-ferrous metals, arranging the technical exploration of Siasun Robot&Automation Co.Ltd(300024) automatic production in the military industry, and continuing to increase R & D investment in relevant fields.

Jiangsu Hagong Intelligent Robot Co.Ltd(000584) said that due to the low level of product production automation and obvious demand for automation transformation of military production enterprises, they still have strong business expansion potential in the future. Meanwhile, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) Academia Sinica also launched in-depth cooperation with its strategic partner Chinalco Intelligent Technology Development Co., Ltd. to jointly promote the implementation of artificial intelligence and Siasun Robot&Automation Co.Ltd(300024) technology for different application scenarios in the non-ferrous metal industry, and made positive progress in realizing the digitization, intellectualization and unmanned of traditional production processes and equipment.

Jiangsu Hagong Intelligent Robot Co.Ltd(000584) annual report shows that the company’s Siasun Robot&Automation Co.Ltd(300024) ontology business achieved a large growth year-on-year in 2021. The subsidiary Hagong Hyundai achieved an annual operating revenue of 744446 million yuan, with a year-on-year increase of 182%. The business in five regions of East China, South China, southwest, North China and key customers achieved a certain growth. It successfully cooperated directly with SAIC GM Wuling, an automotive customer with high standards for product stability, quality and service, and was highly recognized by customers.

At the same time, HGM has expanded new markets in the fields of machinery, industrial control, household appliances and so on. In terms of models, it has expanded from the original basic models to sets and other models to meet the needs of industrial Siasun Robot&Automation Co.Ltd(300024) customers. In addition, combined with the AI based 3D vision technology of Shengshi Weisheng, a Jiangsu Hagong Intelligent Robot Co.Ltd(000584) joint-stock company, Hagong Hyundai can provide customers with Siasun Robot&Automation Co.Ltd(300024) ontology integrating 3D vision solutions.

According to the data, HGM sold 783 Siasun Robot&Automation Co.Ltd(300024) main bodies in 2021, with more than 1000 orders signed, and has reached new annual strategic cooperation with 23 customers, such as Guangxi Zhecheng Siasun Robot&Automation Co.Ltd(300024) Technology Co., Ltd., Foshan Xingong Intelligent Equipment Co., Ltd., Zhongdi Siasun Robot&Automation Co.Ltd(300024) (Yancheng) Co., Ltd.

Faced with the downward trend of traditional business, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) seize the development opportunity of new energy vehicle industry, give full play to the company’s leading technical advantages in the field of new energy vehicles, and actively promote the Siasun Robot&Automation Co.Ltd(300024) business of new energy vehicles.

According to the announcement, in 2021, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) industrial Siasun Robot&Automation Co.Ltd(300024) application business signed new energy vehicle production line orders with well-known automobile manufacturers at home and abroad, such as Weilai, Byd Company Limited(002594) , Nanning Ningda, Geely PMA, Yutong automobile, Hezhong new energy automobile and so on.

In addition, Tianjin Fuzhen, a Jiangsu Hagong Intelligent Robot Co.Ltd(000584) subsidiary, successfully won the bid for some production lines of Weilai et7 and other models, successfully won the order of lotus, a luxury car brand, and signed an order for production lines related to new energy batteries with an enterprise in Guangzhou.

For future development, Jiangsu Hagong Intelligent Robot Co.Ltd(000584) said that as a high-tech listed enterprise focusing on high-end intelligent equipment manufacturing and artificial intelligence Siasun Robot&Automation Co.Ltd(300024) the company will seize the strategic opportunity of high-quality development of China’s manufacturing industry, optimize the existing business structure and make strategic transformation to the upstream and downstream extension of new energy industrial chain and military intelligence through the development strategy of combining endogenous growth and extensive M & A, Continuously improve the company’s core competitiveness and profitability to achieve long-term, stable and sustainable development.

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