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MIDEA GROUP Vows to Speed Up Humanoid Robot R&D
Zhong Zheng, a deputy to the National People's Congress as well as vice president and CFO of MIDEA GROUP (00300.HK), said during the Two Sessions that the company is focusing o...
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MIDEA GROUP Vows to Speed Up Humanoid Robot R&D
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Zhong Zheng, a deputy to the National People's Congress as well as vice president and CFO of MIDEA GROUP (00300.HK)  -3.650 (-4.765%)    Short selling $155.54M; Ratio 11.600%   , said during the Two Sessions that the company is focusing on collaborative robots, while independently developing industrial autonomous mobile robots (AMR) and venturing into the field of key components for humanoid robots, according to the China Securities Journal. In the future, MIDEA GROUP will strive to accelerate the design and development of humanoid robot bodies.

Regarding the active deployment in humanoid robots, Zhong disclosed that MIDEA GROUP commenced several years ago the R&D of key components of humanoid robots, such as joints, sensors, and controls.

Related NewsHSBC Research Lifts MIDEA GROUP (00300.HK) TP to $99, Rating Buy
With the rise of the humanoid robot application wave, Zhong said that the company will speed up the design and development of humanoid robot bodies and further expand related industries.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-04-03 16:25.)

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