曼恩斯特20250302

Summary of Mannester's Conference Call Company Overview - Company: Mannester - Industry: Robotics and Solid-State Battery Manufacturing Key Points and Arguments Robotics Industry Developments - Mannester began its layout in the robotics supply chain around March to April 2024, focusing on core components for robots initiated by Southern Technology [3] - The company is actively expanding its humanoid robot core component business, focusing on three main areas: joint adjustment, rotary integrators, and linear integrators, with a self-built testing platform to accelerate R&D [3][4] - Although there are currently no orders, Mannester is in technical discussions with multiple clients to explore potential application scenarios [3][5][6] Technical Advantages - Mannester possesses significant advantages in humanoid robot foundational technologies, including synchronous technology, understanding of automated intelligent equipment, and ultra-precision processing capabilities [7] - The company’s full servo closed-loop linear motors can achieve micron-level control precision and provide up to 1,200 Newtons of driving force, which is crucial for humanoid robot development [7] Strategic Partnerships - Mannester has a strategic partnership with Yushun, focusing on the development of key components such as full-film capacitors and linear motor technology, emphasizing low-cost, high-performance modular designs [10] - The company is exploring new application scenarios and functionalities to achieve broader market applications [10] Product Development and Testing - Core products include dexterous hand assemblies, joints, hollow cup motors, and ball screws, with micro linear actuators and drone actuators currently undergoing sample testing [11] - The company aims to secure potential orders by June 30 [11][13] Solid-State Battery Business - Mannester's solid-state battery business employs thin coating, intermittent coating, and multilayer coating processes, with domestic and international orders exceeding 50 million yuan [18] - The company is actively laying out perovskite products, with some orders already delivered, and anticipates mass production demand for solid-state battery technology by the second half of 2025 [18][22] Equipment Manufacturing - Mannester is the only domestic manufacturer capable of producing 2.4m x 1.2m flat coating machines, with deliveries made to clients like BOE [22] - The price of a single flat coating machine is approximately 20 million yuan, with total line investments ranging from 700 million to 1 billion yuan [24] Market Demand and Future Outlook - The demand for perovskite technology is expected to reach 5 to 10 GWh by 2025, while solid-state battery demand is anticipated to grow more slowly [25] - The company is preparing to expand its market reach and product offerings, particularly in the robotics and battery sectors, to meet evolving customer needs [12][23] Competitive Strategy - To address industry competition and enhance customer feedback responsiveness, Mannester has adopted an independent R&D model, utilizing internal testing platforms for rapid validation [12] - The company emphasizes collecting and integrating diverse customer needs into feasible solutions to better meet market demands [12] Team and Resource Allocation - Mannester's team consists of over 30 members in the southern region, with a strong focus on R&D, particularly in software and hardware [17] - The core R&D team comprises 80% to 90% researchers, with plans to further supplement personnel based on product development status [17] Additional Important Information - The founders and initiating team of Mannester have extensive technical backgrounds, with most members having over ten years of experience in electric control and entrepreneurship [19] - The company encourages internal innovation and supports promising projects to drive the development of robotics and component businesses [19]