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Regarding the specific reasons for the termination, he Zexian, sales director of the company, did not give a detailed explanation to the 21st century economic report, but he revealed that the company has its own plans to go public at present. Yang Yali told reporters that before investing in the three robot companies, they had found more than a dozen domestic bid, through a series of research and found that China's robot industry group in a very embarrassing situation. "there is no core parts of the production capacity, no subsidies on basic can not live, " so the next step will mainly look overseas industrial robot manufacturers. Regarding the business layout and planning of Eastern Seiko in the field of robotics, Yang Yali said that eastern Seiko intends to build an intelligent corrugated box packaging industry chain, the acquisition of Jiateng robot Company to ensure the eastern Seiko logistics in the back end of the industrial chain, is an important part of the company's overall intelligence. At present, the company has the robot as the company's second area of development. But as for the specific reasons why the two deals were acquired and terminated within two months, Yang Yali said: "since the content of the due diligence is confidential, the specific reasons are not disclosed. ". Public companies are looking for market cap management, and private companies are looking to robots for more capital. "It's very difficult to be acquired by [ main board companies ] . People in our industry actually want to go public on the New Third Board to solve their financial needs, " The boss of Dongguan Robotics Company, which makes robotic arms, told 21st Century Business Herald. He went on to reveal that the industry is the king of sales, a robotic arm manufacturing company, the output value of more than 50 million, basically with the new third board listed on the qualifications. "The industry is still pretty good, the profits are high, the gross margin is 100 percent, and basically any company that reaches that level of output can go [ to the market ] , " he said. Ma Nan, deputy general manager of CIC's consulting industry department, said the situation is true. But under the registration system although loose, but the robot companies if want to go public or need to reach a certain level of business can. "The existence of a large number of robot enterprises has led to rapid growth in low-end robot production capacity. There are already signs of high-end shortage and low-end surplus in the industry, " Ma said. "At present, the large-scale domestic robots are the domestic production bases of foreign enterprises, and the domestic robots are generally small in scale and the overall level is at the middle and low end, " Luo said, how to get the domestic robots to rise up is still a difficult problem. The enthusiasm of the capital markets has clearly breathed new life into the industry, but it remains to be seen whether it is really as prosperous as it appears.

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