Yichang Technology

Another stock with a stock price exceeding 200 yuan was born.

　　Huicheng Environmental ProtectionStock price ranks among the top 20 A-shares

July 7th,Huicheng Environmental Protection(300779) The stock price rose 7.1%, with a closing price of 204.37 yuan per share, breaking through 200 yuan per share for the first time since its listing, setting a record high. The latest stock price has ranked among the top 20 A-shares, with A-share market value exceeding 40 billion yuan. according toSecuritiesAccording to statistics from Times·Databao, the stock’s largest increase has reached 9.1 times compared with the lowest since 2024.

Public information shows thatHuicheng Environmental ProtectionIt is an environmentally friendly high-tech enterprise specializing in the treatment and disposal of industrial “three wastes” and effectively recycle waste. Since its listing in 2019, the company’s operating performance has fluctuated; from 2019 to 2024, the company’s net profit has declined in five years, and the company’s net profit lost 8.3 million yuan in the first quarter of this year. As of now, the company’s price-to-earnings ratio has reached 2911.59 times, far exceeding the overall level of the industry.

As a high-tech enterprise,Huicheng Environmental ProtectionInvestment in R&D and innovation is slightly insufficient. In 2024, the company’s R&D personnel accounted for 13.76%, down to a new low since its listing; in 2024, the amount of R&D investment was 29 million yuan, accounting for 2.29% of revenue, which is the second lowest level since its listing.

　　Domestic robot dog breaks world record

According to CCTV Finance, in the CMG world of “Smart Optics Valley”robotAt the first game of the skill competition, “New Generation Black Panther 2.0” relies on its outstanding performance and cutting-edge technology.Break the 8.89m/sec robot dog record created by Boston Dynamics WildCat at 10.3m/secsuccessfully rewrites the world record that has been silent for ten years.This victory is not only the glorious moment of “the new generation of Black Panther 2.0”, but also a sign ofrobotA new breakthrough in technology in the field.

(Picture source: CCTV News Client video screenshot)

Four legsrobotcommonly known as robot dog. according toHuatai SecuritiesIntroduction, the robot dog industry chain includesMotor、reducerand other core components. The four-legged robot dog industry is developing rapidly, with consumer-grade robot dogs starting at as low as 10,000 yuan. Industrial-grade robot dogs have achieved mature application in fire rescue and inspection scenarios, and are expected to expand to the special equipment field with strong performance in the future.

From military to civilian use, four-legged robot dogs have broad application prospects in areas such as patrol inspection and detection, fire rescue, safety patrol, and family companionship. Open sourceSecuritiesIt is estimated that domestic robot dog sales are expected to reach 394,800 units in 2031, a nearly 8-fold increase compared with 2025.

A report from the Gaogong Robot Research Institute shows that the global four-legged robot market sales in 2023 were about 34,000 units, a year-on-year increase of 76.86%; it is expected that the global four-legged robot sales will exceed 560,000 units by 2030. Although four-legged robot technology is still in the research and development stage and in the trial of special scenarios, with the continuous maturity of technology, the reduction of costs and the expansion of application scenarios, the price of four-legged robots will continue to decline, and the overall market size will continue to grow.

Judging from the implementation time, according to China Newsweek, the industry generally believes thatHumanoid robotIt will take five to ten years to enter a family on a large scale, and the robot dog will be sooner. Li Chao, chief technology officer of Hangzhou Yunshenchu ​​Technology Co., Ltd., said: “The level of robot intelligence driven by AI is constantly improving, and the ‘iPhone moment’ of four-legged robots will not wait too long.”

　　Several companies revealed

　　The layout of robot dog business

According to statistics from Databao, nearly 30 listed companies in the A-share market have released robot dog-related products or are involved in the industrial chain. For example,Chen’an TechnologyIts subsidiary, University of Science and Technology, launched robot-based dogs andDroneThe “integrated air-ground” intelligent fire extinguishing platform.

　　Jiechuang IntelligentA series of security robot products integrating new technologies such as “AI + electromagnetic technology + robots” have been developed. Products such as Feitian robot dogs and electromagnetic net catching robot dogs have been used in China International Police Equipment Expo and Guangdong Province.Low-altitude economyThe preparation and launch conference of the Private Enterprise Federation, and the Heilongjiang Border Inspection Science and Technology Exhibition were exhibited and demonstrated on occasions.

　　Hanwang TechnologyIn terms of hardware, bionic flapping-winged flying robot birds and bionic robot dogs have been developed, and they have taken the lead in realizing the commercial mass production and sales of flapping-winged bionic aircraft.

　　iFlytekThe iFLYTEK robot super brain platform product coverageHumanoid robot90% of domestic intelligent robot manufacturers, including four-legged robots, public service robots, desktop robots, etc.

　　Wanma Co., Ltd.It has launched services and cooperation with many robots and robot dog companies based on Wanma Robot Intelligent CCa system. The company recently revealed during an institution’s survey that the company owns China’s first TUV certified robot cable laboratory, and has accumulated a large amount of experimental data in the field of R&D robot cables for a long time.

　　Financing funds increased their holdings in 4 concept stocks

According to statistics from Databao, in terms of secondary market performance, as of the close of July 7, the total market value of A-share robot dog concept stocks reached 579.757 billion yuan. Since the beginning of this year, concept stocks have risen by 18.23%, of whichDongtu Technology、Wanma Co., Ltd.、Optoelectronics Co., Ltd.、Jiangsu Leili、Jiechuang IntelligentThe cumulative increase is over 50%.

From the perspective of capital, since June, there have been 4 stocks with net purchases of over 100 million yuan, respectivelyYiwei Lithium Energy、Zhongding Co., Ltd.、Construction of industry、Zhenxin Technology。

Since the beginning of this year, a total of 7 robot dog concept stocks have been investigated by institutions more than 5 times, includingOptoelectronics Co., Ltd.、Wanma Co., Ltd.、Construction of industry、Chen’an Technology、Lens Technologywait.

　　Optoelectronics Co., Ltd.It has received 14 institutional surveys this year, ranking first. During the survey, the company said that the company can provide dual-optical vision modules on the four-legged robot platform.Humanoid robotThe platform can provide head modules.