The industrial investment and strategicacquisition of the company’s strategic planning for next three years will focuson the development of three main businesses of high-end intelligent equipment,one-stop scheme platform of robots and artificial intelligence robots. Thecompany will make full use of its own development advantages, through variousfinancing channels such as major asset restructuring and refinancing, combinedwith the strategic positioning of "Through optimizing, strengthening and enlargingHGZN, play a full platform role as a listed company, take courage and undertakefor the intelligent manufacturing in China", standing at a new height, focusingon long-term development, continuously deepening the awareness of efficiency,improving the ability of management and control, to accelerate the promotion ofoptimization and upgrading of industrial structure, and to steadily promotediversified development. With the implementation of the strategic planning, atthe present stage, the company will lay an emphasis on the intelligentmanufacturing equipment products and application industries related to the automotiveindustry at home and abroad, expand and extend to other automotivemanufacturing processes such as coating and general assembly relying on thecompany's existing body-in-white welding business resources, and focus on theapplication of industrial robots in the field of automotive industry, strivingto become the leader in this subdivision in China.
The business development department andresearch institute of the company have been actively promoting the carrying outof research and development projects and the landing of industrialization ofresearch and development results. After conducting extensive industry investigationand preliminary research and development reserves, the business developmentdepartment of the company successfully hatched Yiwu Cleanauto AutomationTechnology Co., Ltd., which focuses on comprehensive solutions of the cleaningsystem, provides customized cleaning solutions and services for the automotivepower assembly industry and its supporting suppliers to meet customers'requirements for aspects such as equipment cleanliness and granularity in themachining and assembly production lines of products such as automotive engines,gearboxes, new energy car batteries, gearbox housings, military components andgeneral industrial equipment. Since its establishment in February 2018, thecompany has successfully developed high quality customers such as ShanghaiJiushi and Tianrun Crankshaft. The landing of this project practiced thetransformation model of research and development results of theindustrialization of the research and development projects in the company.
Tianjin ASSET, a wholly-owned subsidiary ofthe company, is one of the earliest comprehensive solution providers in China, specializedin the design, research, development, production and sales of intelligentizedflexible production lines for automobile bodies. It is one of the few domestic enterprisesthat can provide comprehensive solutions for all-round, intelligent andcustomized flexible production lines, and is the leading enterprise in the subdivisionof intelligent automotive body flexible welding production lines in China. Withmany years of cooperation experience with well-known domestic automotivemanufacturers such as Chongqing Changan Automobile Co., Ltd., Tianjin ASSET hasformed a deep industry experience accumulation and technology sediment in key linksof intelligent welding production lines such as schematic design, technologyresearch and development, simulation, as well as process innovation, allowingit to provide customers with linearized, modular and flexible customizedproduction lines. River Machine, the company's holding subsidiary, focuses onequipment manufacturing and service fields with high automation requirementssuch as body-in-white main line welding, floor lines and side lines. In thefield of automobile body-in-white, River Machine mainly provides synchronousengineering technology services for automobile research and development, designand manufacture of automotive welding equipment, technical consulting servicesfor body-in-white quality assurance and so on. Based on the diversification of customerproducts and the economical requirements of equipment investment, River Machineprovides flexible process equipment, and the multi-class collinear project isthe specialty and focus of research and development of River Machine. The maincustomers include well-known domestic and foreign finished automobilemanufacturers such as Renault Motors (RENAULT) and Peugeot (PEUGEOT), which donot coincide with customers of Tianjin ASSET. River Machine can achieve good synergisticeffects on sales with Tianjin ASSET, to enhance the company's marketcompetitiveness through integration and improvement in aspects of research, development,process, brand and marketing.
The company’s 51ROBOTone-stop platform of robot application service is a platform that integratessales, maintenance and repair, technical application and robot remanufacturingof robots and their surrounding equipment. It is mainly implemented by Shanghai51 Robot Co., Ltd., a wholly-owned subsidiary of the company. At present, it isactively expanding the scope of business and constructing the relatedsub-platform cooperation. It has a rapid and fierce development momentum, in2018, 150 new customers were added, and the maintenance and repair service hasalso expanded from the original domestic and foreign well-known auto partsmanufacturers and finished automobile manufacturers to other industries such asHubei Yinlu Food Co., Ltd. In addition to further development of the originalproduct sales and maintenance business of robots bodies, robot workstations,etc., the company's one-stop robot platform "51ROBOT" has also laidout several sub-platforms of "51 CONTROL", "51 SYSTEM","51RENEW" and "51 CLOUD", forming a circular whole life cycleecology chain of industrial robots of “industrial robot bodies, electroniccontrol equipment, robotic workstation - training - robotic standard system - systemintegration - timely monitoring software - maintenance - second-hand robotrecycling - refurbishment and remanufacturing.Through the integration and development by51 Robot of products provided by internationally renowned manufacturers in theindustry (such as ABB, KUKA, Hyundai, etc.), the supply chain system of thebody-in-white welding business can be optimized, and it also strengthens theproduct and technology reserves for the general industrial applicationextensions of robots of the company’s future.
In December 2018, thecompany increased its capital and invested in Jiangsu Baokong, whose main productsare harmonic reducers. Its technical research and development team is composedof research and development personnel with Japanese enterprise experience, andthe team has accumulated profound knowledge of harmonic reducer technology andprocess. The products are mainly used for small robots, which are characterizedby small size, light weight, large carrying capacity and high motion precision.The life span of the products is 40,000 hours, the repeated positioningaccuracy that is stable and accurate of the product is: ±0.02mm. The technical level is on aleading position compared with other domestic brands.