Chinese stock investors may do well to pay attention to segments producing robotic components such as reducer and servo systems in their day-to-day trading, China’s leading brokerage firm Citic Securities (中信证券) said in a research note today.
The suggestion came after Beijing’s Bureau of Economy and Information Technology recently issued a document that outlines the development of the city’s robotic industry in 2023-2025.
The document, named Beijing’s Robotic Industry Innovative Development Action Plan (2023-2025), stipulates that the city should come up with a product matrix known as “1+4.”
This matrix consists of humanoid robot at the core, and also healthcare, specialized, collaborative and warehousing logistics robots.
According to the plan, Beijing will build a humanoid robotics industrial innovation center. Led by leading companies, the center will synergize the efforts of the business community to pool resources essential to the construction of humanoid robots.
This is partly to accelerate the production design and promotion of human-shaped robots, the plan explains.
At the same time, the center will also incubate an open alliance for humanoid robot developers.
By 2025, it is hoped that the Chinese capital will have a general-action control modeling platform tailored to humanoid robotics, a shared technology service platform as well as an advanced super-computing and software ecosystem.
In terms of deployment of robotics, the plan states that the city will then have completed the production of some 100 prototypes of humanoid robot and applied them in three to four typical real-life scenarios.
Commenting on the role policy incentives can play in spurring robotic applications, Citic Securities said they are likely to propel the technological upgrade and commercialization of humanoid robotics.
Specific segments set to benefit from the policy boost include key robotic parts such as reducer, servo motor, controller, sensor and end actuator, said Citic.
However, caveats do apply. Citic said myriad risks could hamper faster growth of the robotic industry, such as worse-than-expected rollout of supportive policies, smaller potential of robotic application than anticipated and a slower pace of technological development in this domain.
