First, driven by demographic changes and downstream demand, the robot industry in China is experiencing rapid development. The report pointed out that with the deepening of aging, the proportion of China's labor force population in the total population is gradually decreasing, and the number of working-age population is also decreasing. At the same time, with the increasing wages of manufacturing workers, the cost of employing people in various enterprises has greatly increased. For the sake of reducing costs and increasing efficiency, robot OEM will become a long-term stable trend. On the downstream demand, on the one hand, robots, as general equipment, are widely used downstream and are expected to benefit from the overall recovery of the manufacturing industry; On the other hand, the large-scale, intelligent and precise production of new energy industries such as lithium batteries and photovoltaics has become a trend, and the demand for robots is strong. Among them, with the rapid growth of power batteries (especially energy storage applications), the market of lithium-ion robots is expected to maintain a growth rate of nearly 30%. At the same time, the new photovoltaic technology route will drive the construction of new battery production lines, which is expected to bring impetus to the robot industry.