The application scenarios and downstream enterprises are also different.

E3Point The main application areas of double-ring transmission cover the transmission system of automobiles, the power drive device of new energy vehicles, and the transmission device of non-road machinery. Ring motion technology is mainly used in industrial robots, industrial automation and other high-end manufacturing fields.

The announcement said that the spin-off of Ring drive Technology independent listing is conducive to listed companies more focused on gear business, Ring drive technology is focused on industrial robots, industrial automation and other high-end manufacturing areas of RV reducer.

Guoyuan Securities research report is expected that with the independent listing of Ring Motion Technology, subsidiaries will receive stronger capital market support, which is conducive to further expanding and strengthening the robot business. Industrial robot industry E3Point chain is expected to benefit from equipment replacement policy; At the same time, the development of humanoid robots is gradually approaching, catalyzing the company’s related business.

Guotai Junan Securities research report is expected that under the wave of localization of reducer replacement, the domestic reducer market space is expected to exceed 10 billion yuan in 2025.

E3Point

E3Point Huatai Securities research report that the same level of heavy load RV reducer products in the core performance and Nabotsk has no significant gap, and has achieved mass production, annual production capacity of 100,000 units, market share ranked first in China for three consecutive years, 2022 domestic market share reached 15%. “We are optimistic that the company’s market share is expected to increase to 20% by 2025 thanks to its leading production capacity, accumulation of process technology and rich equipment reserves.”

At the same time, the number of humanoid robot joints is large, usually more than 6, which is expected to accelerate the opening of the robot precision reducer market space.

“The company is firmly optimistic about the whole trend (industrial robot E3Point reducer).” At the time of institutional communication, double-ring transmission executives said that there were three reasons for optimism.
• The first is the domestic replacement of the Oems. It is expected that the pattern or status of domestic robots in the future global system will change greatly, which will bring good opportunities for domestic core components;
• Second, with the self-growth of domestic core components, technology iteration, product expansion and independent development capabilities, competitiveness will increase;
• Third, from the perspective of robot applications, about half of China’s new installed capacity now comes from the local market advantage is very obvious.

However, the overall volume of domestic brands, including the overall technical level, still has some gaps with foreign brands.

On March 3, Huanda Technology, which has no holding subsidiary, plans to set up its first wholly-owned subsidiary, and it intends to invest 20 million yuan with its own funds to set up Zhejiang Huanda Technology Research and Development Co., LTD. (tentative name). The purpose is to promote the development and technical ability of circular motion technology, and introduce research and development technical personnel.