Data show that Wanliyang was founded in 1996, the products cover CVT, MT, DHT leakage system, pure electric ECVT and reducer and other passenger car auto parts, mainly for Geely, Chery, Dongfeng, Great Wall, BYD, Jietu and other Oems to provide supporting services, is one of the leading passenger car transmission research and development and production enterprises.

In 2022, Wanliyang achieved an operating income of 5.113 billion yuan, down 6.81% year-on-year; Net profit of 300 million yuan, compared with a net profit loss of 775 million yuan in the same period last year; Basic earnings per share of 0.23 yuan. At the same time, Wanliyang’s quarterly report in 2023 showed that the company’s main income was 1.175 billion yuan, down 7.22% year-on-year; Net profit returned to the mother was 132 million yuan, up 40.29% year-on-year; Non-net profit was 101 million yuan, up 79.98% year-on-year;

In the face of fierce industry competition pressure and gradually saturated market capacity, Wanliyang will focus on the increasing prosperity of the robot market. Wan Liyang Dong Secretary said that with the upgrading of the manufacturing industry, the market potential of industrial robots is large, the “14th Five-Year Plan” robot industry development trend plan pointed out that by 2025, the density of manufacturing robots will increase by 100%; Harmonic reducer is one of the most critical parts of the

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robot, the development and process is difficult, the material requirements are high, the current high-precision harmonic reducer mainly relies on imports. Through the development of high-precision harmonic reducer, the company promotes the localization of high-end harmonic reducer.

Car companies are piling into robotics

In recent years, most of the enterprises entering the robotics industry are robots that enter the industry in order to create diversified businesses on the basis of a stable main business.

Representative companies in the automotive industry are Tesla and Xiaopeng. In September 2021, Xopeng released the world’s first rideable intelligent robot horse, which adopts a four-legged robot architecture design and has the ability of multi-dimensional environment perception, agile and stable movement and intelligent emotional interaction. In October 2022, Xiao Peng Peng released a new generation of intelligent robot prototypes and announced that it is gradually approaching mass production. On the heels of that, Tesla officially unveiled Optimus, a humanoid robot. Unlike previous humanoid robot products, Optimus is a humanoid robot designed for commercial mass production. Musk predicts Optimus will eventually reach its target price of $20,000.

Although a large number of enterprises across the border into the robot industry, but cross-border is not a joke, the need for a lot of capital investment, technical support and the correct judgment of the development of the industry. What is the next move of Wanli Yang, how far to go, and see the verification of time.