The buzz surrounding humanoid robots has reached new heights, particularly following the recent Consumer Electronics Show (CES) held in Las Vegas, USAThe spotlight on this innovative technology has led to a renewed interest in associated stocks within the marketIn the days following the event, various companies involved in robotics were compelled to provide clarifications regarding their ventures in this sector amid inflating stock values, reminding investors of the inherent risks involved.

On the evening of January 12, Zhongjian Technology, a prominent player in the domestic landscaping machinery industry, made headlines by announcing its foray into the field of artificial intelligence and roboticsThe company acknowledged that various external market factors and the pace of their own technological development had created uncertainties regarding their advancements in this specialized area, indicating that there has yet to be a direct impact on their financial performance

Zhongjian Technology, which has been actively pushing for strategic upgrades throughout the first half of 2024, reported a remarkable price surge exceeding 20% in the week leading up to this announcement.

In recent updates, Zhongjian Technology has elaborated on its strategic initiatives in robotics, including the establishment of Shanghai Zhongjian High-Kraken Robot Company, which focuses on developing next-generation robotic lawnmowers, and the formation of a subsidiary, Jiangsu Jianmi Intelligent Robot Co., Ltd., which is working on the Lingrui P1 quadruped robotAdditionally, their investment in humanoid robot firm 1X comes with the launch of the NEO Beta, a state-of-the-art home robot unveiled in August of the previous yearThis humanoid robot boasts the capability to assist with a variety of household tasks such as brewing coffee, cooking steak, and tidying clothes.

Zhongjian Technology retained its commitment to transparency by stating that due diligence was conducted to ensure no violations concerning the equitable dissemination of information occurred

The company appealed to investors to maintain a rational investment approach and remain cautiously aware of potential risks.

In a parallel scenario, another company, Jilun Intelligent, witnessed a significant valuation increase of over 20% in the same weekJilun caught media attention as a “robotics concept” stock and subsequently released an announcement highlighting that the expected revenue from these robotics ventures would not have an immediate effect on its short-term performanceJilun primarily specializes in tire mold development but has also begun to market crucial components used in robotics, such as RV reducers and automated manufacturing lines for cooling chain logistics and robotic polishing.

As Jilun prepares to scale its intelligent equipment manufacturing business, the company reported a year-on-year increase of 165.45% in revenue, highlighting the growth associated with their core robotic components and equipment packages.

Besides Zhongjian and Jilun, other companies like Maidi Technology and Hongxun Technology have also followed suit by issuing announcements in response to their stock fluctuations and association with robotics

Maidi Technology indicated that in September of the previous year, a joint venture was formed with UBTECH to establish Suzhou Youmai Robot Co., LtdCurrently, the project has seen limited investment, and any progress remains uncertainOn the other hand, Hongxun Technology clarified that its primary business consists of automation, digitalization, and new energy sectors, with no involvement in humanoid robotics.

The CES event showcased a plethora of robotic products, underlining their applications across various human-centric scenarios, encompassing residential cleaning, medical services, emotional companionship, and logistics operationsThis diverse presentation undeniably heightened market expectations, further fueled by major companies’ commitments to this industryFor instance, Nvidia unveiled its latest foundational model, Cosmos, capable of translating images and text into actionable tasks for robots, amalgamating visual and linguistic comprehension for executing sophisticated operations

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Additionally, news has surfaced that Tesla aims to produce several thousand robots by 2025, with preliminary testing set to take place at its own facilitiesA successful rollout could see a production scale reaching between 50,000 and 100,000 robots by 2026.

Analysts at CITIC Securities view Nvidia's multi-tiered investment in robotics as a strategic move that signals its ambitions to delve deeper into the downstream robotics market while simultaneously stimulating the tech sphere’s competitive dynamics around robotics investmentsThe growing presence of giants in this field further intensifies the competition and potential for innovation.

Xiao Qunxi, an analyst at Guotai Junan, emphasized that Nvidia's Cosmos model, tailored for advancing robotics and autonomous driving, is set to enhance data accumulation and efficiency in training models for humanoid robotsThe broad range of applications demonstrated at CES, especially the successful portrayal of companion robots, suggests significant potential for commercial opportunities in the near future.