HIT Robot Group (HRG Robotics or "the Group"), a platform operator and service 
provider for technology innovation and startup incubation in emerging 
industries, has unveiled its robotic innovations and incubating strengths at 
the World Robot Conference 2019 running from August 20 to 25 in Beijing. 

During the conference, the Group's incubation of robotic companies has 
particularly drawn attention as the Group's President Wang Meng shared the 
company's experience in incubating an industrial robotics education company in 
a speech at the World Forum on Robot 2019, part of WRC 2019.

China's demographic dividend is facing downward pressure, and in many 
industries, robots are used to fulfill production capacity, said Wang, adding 
that China has been the world's largest industrial robot market for six 
straight years. In early 2017, multiple ministries released data showing that 
the manufacturing industry would see massive talent shortage by 2025.

To fulfill the demand for skilled workers in manufacturing, in 2015, HRG 
Robotics started to incubate HRG EduBot, a company that focuses on industrial 
robot education. It rolled out an online education app that now has over a 
million users with 90,000 daily active users and provides research and 
development knowledge support for users aged 18 to 23 and on-the-job training 
for users aged 24 to 30. So far, HRG Edubot has cooperated with nearly a 
hundred schools in China to establish robotic training curricula and 
professional programs. 

Through the Group's dedication to creating a "Robotics Biosphere," an 
initiative to realize the optimized integration of all resources in the 
robotics sector, HRG EduBot has also deployed offline schools in Jiangsu, 
Anhui, Shandong, Jiangxi, Chongqing and Guangdong, covering major cities and 
areas that aim to develop the smart manufacturing industry.

"Innovation is the fundamental driving force of the Group and talent is our 
priority, followed by our duty of incubation. We pay full attention in tackling 
the pain points of the development of the industry, and our incubation of HRG 
EduBot fully reflects this," said Wang

As an essential part of the Biosphere initiative, the Group has assisted over 
100 companies within the ecosystem, which are named as "HRG Biosphere 
companies." HRG Robotics offers a wide range of support and services to 
companies, transforming research achievements into products, and turning those 
products into merchandise. Through its "Robotics Biosphere" initiative, HRG 
Robotics incubation program offers support including innovation, finance, human 
resources, legal consultancy, management, establishing liaison with local 
governments, support in supply chain and production.

"We believe that the booming growth of the 'Robotics Biosphere' ecosystem will 
bring up HRG Robotics' brand value. To this end, we have been actively 
mobilizing and integrating industry resources, talents, and financial resources 
to serve the companies incubated in the ecosystem," said Wang.

The Group is also hosting a roadshow competition, a program initiated by its 
Fanxing Institute, the corporate training arm of HRG Robotics, to empower 
start-ups in industries including manufacturing, healthcare, Internet, 
entertainment, education, new energy and food industries, and help them match 
suitable opportunities and expand resources.

During the conference, 16 HRG Biosphere companies also showcased their products 
surrounding industrial robotics, AIoT security, medical rehabilitation 
robotics, service robotics, special robotics and education on industrial 
robotics.

Highlights include Bee Robot which is well received in Japan as well as an 
integrated system for an automotive clutch assembly line that has been put to 
use in Russia. The Bee Robot, a collaborative AMR developed by the Yiwu Laisi 
Technology, an HRG biosphere company, is equipped with simultaneous 
localization and mapping technology. The robot offers users a high-quality 
logistics warehousing experience supported by a smart warehousing management 
system. A robot's optimized battery sustainability makes sure that it can work 
for eight hours non-stop and find charging stations automatically when their 
batteries are low.

HRG Robotics' human-machine coordinated automobile clutch assembly and 
production line can significantly reduce the cost of equipment. The production 
line only requires five people to work on the line, much efficient than a 
typical manual production line that needs 17 to 22 workers. The product has 
been exported to Russia, and it is currently being promoted across China.

About HRG Robotics

Established in 2014, HIT Robot Group (HRG) is a platform operator and service 
provider for technology innovation and startup incubation in emerging 
industries, especially the robotics industry. Built upon the 
innovation-incubation-industry three-pillar structure, HRG focuses on the 
coordinative development of entity economy, technology innovation, modern 
finance and human resources supported by integrating research, industrial and 
financial chains, aiming at accomplishments in technology innovation, IP 
commercialization, and industry cultivation. Now HRG is a system that 
encourages innovation, entrepreneurship and industry development achieved by 
its business network made up of one headquarters, four business centers, dozens 
of industry bases and overseas offices.



SOURCE: HIT Robot Group