Key takeaways from Grees Investor Day
It has upgraded its mobile phone to second generation with a retail price of RMB3,300. However, it has released no detailed plans on how it will develop the mobile market. According to management, it started R&D on robotics in 2012. It recently received an external order of 2,000 service robots from a key account. It plans to expand its client base into the electronics, medical, food,and machinery processing industries. It aims to build world-class digital control manufacturing capacity in three years.