Investor Presentaiton
Industrial robot-Estun, Inovance, LHDS & Shuanghuan
Future demand trends - strong demand from emerging industries
We believe downstream application from the lithium battery, PV, and F&B industries will continue to see faster growth than
the automotive industry
China industrial robot downstream application as of 2022
China industrial robot downstream application as of 2022 YoY
Auto
electronics
3%
Others
12%
Home
3C
21%
appliance
4%
Photovoltaic
6%
YoY > 30%
YoY > 20%
YoY <10%
YoY < 0%
50%
40%
38% 38% 37% 35%
30% 30% 28% 28%
30%
20%
10%
0%
Auto parts
14%
-10%
-20%
Food &
Beverage
6%
Automotive
9%
Lithium
Metals
battery
12%
13%
Source: MIR, IFR, May 2023
7%
3%
2%
-10% -15%
Auto electronics
Lithium battery
Semiconductor
Auto parts
Automotive
Healthcare
Photovoltaic
Warehouse logistics
Chemicals
Food & Beverage
Metals
Home appliance
3C
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