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The wholly-owned subsidiary of Sanhui Electric has won a framework contract for robot equipment sales

According to the contract, Sanhui Lianjing Zhisuan will sell no less than 800 robot devices within the next three years, including no less than 50 units in 2025, no less than 300 units in 2026, and no less than 450 units in 2027.

On July 31, Sanhui Electric (002857.SZ) announced that the company had received the “Product Sales Framework Contract” (hereinafter referred to as the “Framework Contract”) signed between its wholly-owned subsidiary, Sanhui Lianjing Zhisuan (Shanghai) High-Tech Co., Ltd. (hereinafter referred to as “Sanhui Lianjing Zhisuan”) and Zibo Blue Ribbon Health Management Co., Ltd. (hereinafter referred to as “Blue Ribbon”) on July 31, 2025. Based on the principles of fairness, voluntariness and impartiality, both parties signed the framework contract on matters related to the sale of robot equipment and other relevant issues after full negotiation.

According to the contract, Sanhui Lianjing Zhisuan will sell no less than 800 robot devices within the next three years, among which no less than 50 units will be sold in 2025, no less than 300 units in 2026, and no less than 450 units in 2027. The specific product names and models of commercial robots and household robots will be determined by both parties in the subsequent implementation agreements signed at that time.

The announcement shows that Blue Ribbon has good performance capabilities and is mainly engaged in businesses such as health consulting services (excluding diagnosis and treatment services), maternal and infant care services (excluding medical services), and health care services (non-medical).

Regarding the impact of this cooperation on the company, Sanhui Electric stated that the signing of this framework contract will help accelerate the commercialization process and application implementation of the company’s robot business. It is expected that it will not have a significant impact on the company’s financial status and operating results for the current year, nor will it affect the company’s independence. In the long run, it will play a positive role in the realization of the company’s strategic goals and future business development.

According to the data, Sanhui Electric is mainly engaged in the research and development, design, production and sales of electric energy metering instruments. Since its listing, while doing a good job in its main business, the company has actively sought new performance growth points and entered the energy storage industry in 2023.

Relevant person in charge of the company said that the company’s energy storage business grew rapidly last year, and there are sufficient orders in hand this year. The company is actively looking for new businesses and began to layout in robot and other artificial intelligence industries in the first half of this year. In June this year, Sanhui Electric also made a strategic investment in Xiaoli Home Robot. Later, Sanhui Electric took the lead in initiating the establishment of the China Medical Rehabilitation and Nursing Robot Industry Alliance to promote the high-quality development of China’s rehabilitation and nursing medical robot industry.
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