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Macquarie: Demand for industrial automation and Siasun Robot&Automation in China is recovering, and domestic substitution is rapidly breaking through.
The trend of intelligent upgrading in China's manufacturing industry is irreversible, and domestic manufacturers are moving from "replacement" to "leading," bringing long-term investment value to the Industry Chain upstream and downstream.
Hunan Friendship & Apollo Commercial (002277.SZ): Currently, the company holds 12.63% of the shares in Foshan Longshen Siasun Robot & Automation and does not directly participate in its daily operation management.
On May 7, Gelonghui reported that Hunan Friendship & Apollo Commercial (002277.SZ) stated on the interactive platform that Foshan Longshen Robot Co., Ltd. is a company specialized in industrial robot system integration, non-standard Automation Equipment and complete line design manufacturing, Siasun Robot&Automation sales, controller research and development, industrial data collection, and providing comprehensive Intelligent Manufacturing services. Currently, the company Holds 12.63% equity in Foshan Longshen Robot and does not participate directly in its daily Operation management.
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