The development of the robotics industry will bring new incremental space to the bearing industry

On May 7, the financial sector reported that an investor asked the Sinomach Seiko on the interactive platform: it was reported that more than 90% of the bearings in the humanoid robot "joints" in China were from a private enterprise (Hongyuan) in Luoyang. As a state-owned enterprise in Luoyang, why hasn't there been any revenue from this cooperation so far? Every time I ask, I only say that I have accumulated experience in robot bearings but have no cooperation at the moment. I never directly answer whether there is a specific market development plan or a lack of market awareness? Do you just want to live on a fixed income from the aerospace business? How can we attract long-term investors such as institutions and achieve asset appreciation by ignoring the growth opportunities of the company?

The company replied: Thank you for your suggestion. The development of the robotics industry will bring new incremental space to the bearing industry.