00:00On the hardware side, one of the things that's interesting that people talk about with humanoid robotics is degrees of freedom.
00:07So this is the number of independent movements that a robot can make.
00:11And the more movements that you have, essentially, the more sophisticated the robot is.
00:16So a human hand, for instance, has 20 different movements.
00:20How many movements do your robots have?
00:22We are currently working on the robot's motion control, which are somewhat similar to the human cerebellum, enabling unconscious motor abilities.
00:34These capabilities are gradually developed and unlocked.
00:38You mentioned a specific detail, the dexterous hand.
00:42But in real-world tasks, we know that its degrees of freedom may not need to match the flexibility of a human hand.
00:49Not all five fingers are needed for certain tasks, like carrying things or doing spot inspections.
00:55For certain industrial tasks, a robotic hand with only three fingers or reduced degrees of freedom can be sufficient to meet the task requirements.
01:05What's the goal, though? Is it really to be able to replicate something like a human hand?
01:12The ultimate goal of Engine AI is to bring humanoid robots into households for domestic services.
01:19This represents a massive market opportunity.
01:22To achieve that, we aim to make the robot as biomimetric as possible.
01:27The more human-like, the better.
01:29When it comes to the dexterity of the robot hands, we are not strictly pursuing a specific number of degrees of freedom.
01:36Instead, we take a holistic view of the robot's overall performance, including factors such as load capacity, lifespan, impact resistance, etc.
01:46What's your plan for marketization?
01:51Where are you planning to send these robots?
01:53What new markets are you looking at?
01:55Of course, we are very open and eager to build connections and business collaborations with partners from all over the world.
02:03We are not limited to selling our robots only to Chinese households.
02:08We are also seeking to bring humanoid robots to other big markets like the U.S.
02:13Let's talk as well about the production capabilities of Engine AI.
02:17How many humanoids are you planning to produce this year?
02:20But what's also your outlook into 2026, 2027?
02:27We expect to produce and deliver nearly 1,000 humanoid robots this year.
02:32By next year, the number will grow to several thousand units.
02:38We aim to reach an annual delivery volume of over 10,000 robots within the next four years.
02:45What's your plan then for fundraising?
02:47Do you need to raise capital to continue to do this research?
02:50It will be a long journey to bring humanoid robots into households.
02:57We aim to raise 1 billion yuan in the current round of fundraising.
03:03Do you have any concerns about rising tensions between the U.S. and China
03:07and countries maybe being forced to pick a side?
03:11For instance, South Korea, it's a country that has a good relationship with Washington.
03:16China and the U.S. have their own strengths.
03:22China has advantages on its supply chain system, while the U.S. leads its AI modeling capabilities.
03:28We believe that neither side can be missing.
03:31We must collaborate to drive the development of this industry.
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