Shenzhen Honor Electronic Co Ltd

China opened its five-day World Humanoid Robot Games in Beijing on Saturday, turning the competition into a showcase for commercial technology and a robotics industry viewed as strategically important by the government. Robots will be judged on the speed and accuracy of their hands while tightening screws, opening bottles and picking up beads with tweezers, tasks that address one of the sector's hardest engineering challenges: creating robotic hands capable of matching human precision and touch. The event reflects growing pressure on manufacturers to prove that humanoid prototypes can perform useful work outside controlled demonstrations. The industry gained national prominence after President Xi Jinping described robotics as the 'crown jewel' of advanced manufacturing in 2014, and Beijing hosted its first World Robot Conference the following year. Humanoid performance has advanced rapidly since Beijing's first robot half-marathon in April 2025, when many machines collapsed, hit barriers or failed to finish; at the 2026 race, 47 of more than 100 teams completed the course, with Honor's autonomous Flash humanoid finishing in 50 minutes and 26 seconds.

Oulutong disclosed in its latest investor relations event that its 2026 revenue growth target is 90%. The company achieved revenue of 4.462 billion yuan in 2025, up 17.50% year-on-year and a record high, driven mainly by rapid growth in its data center power supply business, with significant revenue growth from high-power server power supplies. First-quarter 2026 revenue reached 1.042 billion yuan, up 17.26% year-on-year, continuing a steady trend. The company said it has begun cooperation with overseas client Google on GPU power supply projects for computing equipment, but the specific project timeline awaits further confirmation. On the production capacity front, its Vietnam manufacturing base has completed construction and commissioning of general-purpose and high-power server power supply production lines, with small-batch production expected by the end of 2026 and mass production in 2027. Its domestic Suzhou manufacturing base is also continuing investment and will reach mass production targets as soon as possible.