On May 22, it was reported that during an earnings presentation, Radick revealed its proactive foray into the realm of core components for humanoid robots. The company has successfully developed a comprehensive product lineup, spanning from essential components to linear actuator assemblies. This array includes planetary roller screws, miniature screws, ball screws, precision bearings for robots, and linear actuators, all backed by the company's robust capabilities in independent research, development, and production. Regarding customer collaboration, Radick has fostered partnerships with several premier robotics companies, both within China and internationally. The company is making solid strides in product validation, tailored development, and small-volume deliveries, with certain projects already entering pivotal validation stages. Nevertheless, owing to the current relatively modest market size of the robotics sector, the company's revenue from orders in this field remains constrained, and the outlook for future growth is still uncertain. Furthermore, Radick clarified that it is not directly engaged in the brain-computer interface business. However, it does hold a 20.10% stake in Shanghai Aoyi Information Technology Co., Ltd., a company whose operations encompass brain-computer interfaces and robotics, among other domains.
