Recently, EWPT (300115.SZ) officially submitted its listing application to the Hong Kong Stock Exchange, taking a key step in building the "A+H" dual capital platform. Relying on its deep accumulation in precision structural components and intelligent manufacturing, the company will use this Hong Kong IPO as an important opportunity to accelerate its layout in cutting-edge fields such as embodied intelligence, AI data center infrastructure, and commercial satellite communications. By leveraging international capital channels, it aims to provide financial support for capacity expansion, increased R&D, and global layout, continuously enhancing its core competitiveness in the global AI and robotics industry chain. This will allow the company to fully seize the historic opportunities presented by the explosion of the artificial intelligence and robotics industries, consolidating and strengthening its position as a global core supplier with a first-mover advantage.

Strong policy tailwinds are ushering in a golden development period for embodied intelligence and AI computing infrastructure.

Currently, artificial intelligence is transitioning from cloud computing to physical entities, with embodied intelligence and AI computing infrastructure becoming national strategic priorities. The National Development and Reform Commission mentioned in a press conference in May that it has collaborated with relevant departments to establish a number of national AI application pilot bases in manufacturing, healthcare, transportation, and other fields, continuously improving the support for computing power, data, scenarios, and other elements. This has significantly shortened the conversion cycle of AI technology from the laboratory to the testing ground, from factories to markets, reduced implementation costs, and accelerated the empowerment of artificial intelligence across various industries. Recently, plans are being formulated to introduce supporting documents to accelerate the implementation of "AI +".

Regarding the development of embodied intelligence, it was mentioned at the meeting that the focus will be on the construction of key infrastructure for embodied intelligence, comprehensively promoting high-quality development in this field, accelerating the construction of training infrastructure and application pilot bases, and pushing robots into factories, shopping malls, and homes. This move is expected to further accelerate the implementation of the embodied intelligence industry, including humanoid robots.

As a globally leading precision manufacturing enterprise, EWPT has already proactively laid out its position in the embodied intelligence and AI computing hardware sectors, achieving a first-mover advantage with core customers.

In the field of embodied intelligence, the company has entered the global supply chain of leading humanoid robots, leveraging its high-precision processing, multi-process integration, and large-scale production capabilities. The company's products cover core high-precision components such as dexterous hand drive components, core drive components for rotary actuators, core drive components for lead screws, large-size torso drive components, and skeletal structural components. The cumulative supply of humanoid robot SKUs has exceeded 1,000, making it one of the few domestic suppliers capable of mass delivery. In the first four months of this year, the total shipment of humanoid robot components by the company has exceeded 380,000 units.

In the direction of AI data center infrastructure, EWPT is actively laying out high-speed cables, connectors, optical module housings, and core components for liquid cooling (such as splitters and quick connectors), successfully entering the supply chain of globally renowned AI companies. It is reported that EWPT's AI data center connection components and structural parts will start generating revenue in 2025, while core components for liquid cooling will begin generating revenue in 2026.

With the accelerated implementation of national "AI +" supporting policies and the continuous advancement of strategic layouts such as embodied intelligence pilot bases and training infrastructure, EWPT is expected to further benefit from the scaling up of the industry Precise Fundraising Targeting Emerging Industries, Dual-Driven Expansion and R&D

According to the company's announcement, Changying Precision's fundraising will focus on capacity expansion and emerging technology R&D in the coming years, such as embodied intelligence, AI data center infrastructure, and product R&D for commercial satellite communication equipment and RF components.

In the field of embodied intelligence, Changying Precision will upgrade its production facilities in Shenzhen, procure high-end equipment such as lathes with robotic loading and unloading functions, coordinate measuring machines, and gear measuring equipment, while also forming a professional process engineering team to support customized design, prototyping, and stable mass production.

In the AI data center infrastructure sector, the company will further upgrade the production facilities at its Shenzhen base, equipping them with advanced equipment such as high-precision CNC machining centers, turning-milling composite centers, automated assembly lines, and dedicated testing equipment, enhancing manufacturing capabilities for server thermal management and high-speed interconnect hardware to meet the explosive global demand for AI computing infrastructure. At the same time, it will recruit production personnel, engineers, and technicians with experience in AI data center manufacturing and testing to form a specialized process engineering team.

In the field of commercial satellite communication equipment and RF components, the company will upgrade the facilities at its Dongguan and Yancheng production bases, procure and install production equipment for satellite communication structural components, and recruit a technical team with experience in commercial satellite communication manufacturing and testing to seize the development dividends of commercial aerospace and satellite internet.

Additionally, the company will promote a comprehensive upgrade of its intelligent manufacturing capabilities, enhancing production efficiency and product yield through automation and digitalization, reducing costs for large-scale delivery, and supporting global customers' demands for large volumes, high quality, and quick responses; at the same time, it will continue to strengthen its global layout and localized service capabilities, continuously solidifying its international operational system.

Empowered by Domestic and Foreign Capital, Seizing the Global Industrial Competitive High Ground

Industry insiders indicate that Changying Precision's decision to initiate a Hong Kong stock listing at this time is both strategically necessary and a product of the times. On one hand, the embodied intelligence and AI computing hardware sectors are at a critical point of capacity expansion, and the Hong Kong stock platform can broaden financing channels and reduce financing costs, providing stable financial support for expansion and R&D; on the other hand, the A+H dual capital platform helps the company connect with global capital, enhance international brand influence, deepen cooperation with leading overseas clients, and consolidate its core position in the global supply chain.

From precision manufacturing in consumer electronics to structural components for new energy vehicles, and now to embodied intelligence and AI computing infrastructure, Changying Precision has consistently grasped the industrial iteration cycle accurately, continuously expanding its growth boundaries through technology and manufacturing capabilities. Against the backdrop of the accelerated implementation of artificial intelligence and robotics industries, the company, leveraging its preemptive customer resources, mature mass production processes, and rapid response supply chain capabilities, combined with the capital support from its Hong Kong stock listing, is expected to take the initiative in the new round of technological revolution.

In the future, as capacity is gradually released and R&D continues to break through, Changying Precision is likely to further strengthen its leading advantage in emerging tracks such as embodied intelligence and AI data center infrastructure, opening up long-term growth space and helping China's precision manufacturing move towards the mid-to-high end of the global value chain, becoming an important pillar of the global AI and robotics industry's core hardware