Heavyweight! Eston and Sany Robotics Achieve Strategic Cooperation

Recently, Nanjing Eston Automation Co., Ltd. (hereinafter referred to as Eston) and Sany Robot Technology Co., Ltd. (hereinafter referred to as Sany Robot) held a strategic cooperation signing ceremony in Changsha, and the two sides will establish a long-term strategic partnership in the field of intelligent manufacturing.

It is reported that both sides will establish a long-term technology exchange platform, regularly exchange cutting-edge technologies with each other, continuously optimize products and improve services, promote industry transformation and upgrading, and work together to empower intelligent manufacturing in the entire society.

Sany Robot is born out of the background of Sany Group vigorously promoting intelligent manufacturing and Digital transformation and upgrading. It has accumulated profound technical precipitation and practical experience, and has unique advantages in enabling intelligent manufacturing; And Eston is a leading domestic industrial robot enterprise, with product quality widely recognized in the market. The deep cooperation between the two sides is bound to strengthen each other's leadership and competitiveness in the industry.

Trinity Robot and Eston's Perfect Match

In fact, the collaboration between Eston and Sany Robotics has already laid the groundwork. In the "2022 Intelligent Manufacturing Demonstration Factory List of Units and Excellent Scenarios" released in December last year, Sany Heavy Equipment Shenyang Intelligent Factory was among them, and this factory used a large number of industrial robot products from Aston.

It is understood that ESTON's wholly-owned subsidiary CLOOS Robotics is a leading brand in global intelligent welding solutions, with advanced welding process technology and complete digital welding solution capabilities. In the Sany Heavy Equipment Shenyang Intelligent Factory, nearly a hundred CLOOS arc welding robots provide continuous and stable welding services, creating a high-quality digital manufacturing system.

Backed by Sany Group and relying on advanced technologies such as 5G, Industrial Internet and AI, Sany Robot has created three business segments, namely, smart warehousing and logistics, smart production lines and smart forklifts, to comprehensively enable digital upgrading of industries such as discrete manufacturing and new energy. In 2022, Sany Robotics will build over a hundred intelligent production line projects, covering industries such as engineering machinery, new energy, chemical fiber, and alcoholic beverages.

Eston acquired CLOOS in 2019 and has now integrated it into its own product system. It is understood that the main application field of CLOOS robots is welding of medium and thick plates, and downstream customers are mainly in the heavy industry, including coal machinery, engineering machinery, power machinery, marine products, etc. This is a perfect match for Sany robots from the heavy industry.

At present, Sany Robotics is vigorously entering the new energy industry, providing intelligent manufacturing solutions for upstream, midstream, and downstream customers. Eston has been deeply involved in the new energy industry for many years, and lithium and photovoltaic are the main application areas of its robot products. The industry's leading enterprises are basically its customers. This cooperation will also accelerate the pace of Sany Robotics entering the new energy industry.

Strong alliance to achieve billions of goals

Sany Robotics holds an optimistic attitude towards the future development of intelligent manufacturing. Therefore, at the Partner Conference held in January 2022, it announced that by 2025, its sales revenue will exceed 10 billion and its valuation will exceed 100 billion. Data shows that in 2021, Sany Robotics executed 96 orders throughout the year, with a revenue of 1.15 billion yuan, a year-on-year increase of 188.3%.

Although growing rapidly, it is not easy to achieve the goal of selling 10 billion yuan. Sany Robotics also realized this problem, so in early December last year, Sany Heavy Industries, Sany Group, Changsha Zhiding, and Changsha Zhiqiang jointly invested to increase the registered capital of Sany Robotics from 50 million yuan to 100 million yuan. They wanted to enhance their enterprise strength to improve the speed of acquiring customers and completing projects, This collaboration with Eston is naturally a part of the development strategy.

The shipment volume of Eston industrial robots exceeded 10000 units for the first time in 2021, and by 2022, the shipment volume had reached nearly 18000 units, an increase of over 50%. In 2023, the target was set at 25000 units, which is still a considerable growth rate.

Previously, in research, Eston expressed an optimistic outlook for 2023. On the one hand, under the favorable macro environment of policy support and industry recovery, sales will still maintain high growth; On the other hand, we will continue to adhere to the measures of domestic replacement of components, cost reduction and efficiency enhancement, and continuously improve our profit indicators.

China accounts for half of the global industrial robot market. Against the backdrop of promoting intelligent manufacturing and population decline, the trend of machine replacement continues to accelerate. There are many future market opportunities, and competition will also become more intense. Only by continuously improving its product quality and service capabilities can it stand out. The strong alliance between Sany Robotics and Aston clearly aims to complement each other's advantages, Seize a greater say in future market opportunities.