We recently invited robotics experts to communicate with institutional investors, and explored the development of domestic service robots in depth; carefully analyzed the current status of foreign service robots. At the same time, in the context of Google's acquisition of robotics companies, we compare and study foreign cases.

Our recent recommendation logic

We continue to recommend the robot industry. Our research methods are: research industry development logic, select the industry development direction from top to bottom; then look for companies that are moving in these directions, and then conduct a comprehensive inspection of these companies to determine whether they have investment value; On the daily tracking, we will focus on the scope of influence brought by the current changes in the industry and the companies that we continue to be optimistic about: the robots, the shares of Bosch, and the followers of the shares of Ever Wheel and Evergreen.

On November 13-14, 2013, we invited top domestic robot experts to communicate with institutional investors in Shenzhen.

In the exchange, experts have conducted in-depth discussions on the future development of the Chinese robot industry, and have been highly recognized by many institutional investors. Experts believe that the long-term growth logic of China's industrial robots is very certain, and the rising labor costs are spreading; service robots will create huge markets in the short, medium and long term, and will give Chinese robotics companies the opportunity to catch up with foreign companies. This is completely coincident with some of our logic: we are optimistic about service robot manufacturing and industrial robot integration in the short, medium and long term, and long-term optimistic about industrial robot manufacturing.

In 2012-2013, we have done a lot of basic work and investment recommendation in the field of industrial robot integration. Looking forward to 2014, we will be optimistic about the early breakthroughs in the field of service robot manufacturing. We believe that service robots will be the source of innovation and will be given to enterprises. Long-term competitive advantage.

n Our view of service robots Serving robots is the robot field with the shortest gap between China and foreign countries. It is also the most likely area to catch up.

(1) We repeatedly emphasize that service robots are often different from many manufacturers in the field of standardized industrial robots. The service robots basically belong to each other. Each company can choose different directions for research and sales, so as to obtain high hair. Interest rate and blue ocean competition pattern.

(2) Service robots are also areas where Chinese companies and foreign countries have smaller gaps. Service robots often have to be developed for specific markets, and can take advantage of the close integration of Chinese local companies and industries, thus occupying a dominant position in competition with foreign countries. At the same time, foreign service robots are also emerging industries. At present, the service history of large service robot companies is also 5-10 years old. A large number of companies are still in the early stage of research and development, which also objectively gives Chinese companies the opportunity to narrow the gap.

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