BlockBeats News, June 5th, The "Stock God" Serenity stated in a post that Green Harmonic Drive (688017) is its favorite Chinese A-share target in the humanoid robot track layout, with the company currently having a market value of approximately 57.73 billion yuan. Serenity mentioned that Green Harmonic Drive's business covers harmonic drives, humanoid robot joint deceleration drives, linear actuators, motors, joints, and various core components, and is entering the field of planetary roller screws. It is said that Green Harmonic Drive has a domestic market share of over 60% in the harmonic drive market in China, with over 1800 global customers.

Serenity pointed out that Green Harmonic Drive's main customers include Uoobot Robotics, Ubtech Robotics, and Zyrobotics, while Tesla, Figure, and most other humanoid robot developers could also become its potential customers. From the BOM structure of humanoid robots, it is roughly estimated that Green Harmonic Drive's related components account for 4% to 15% of the value of a single humanoid robot. As the company enters more segmented areas, this proportion may further increase. It is stated that this investment logic is essentially a directional long position on a company that can occupy a considerable share in each mass-produced humanoid robot.

Serenity stated that China is evidently leading in scalable mass production, and many Western companies find it difficult to reduce costs to the level of Green Harmonic Drive. As physical AI moves towards scale, it is very optimistic about the robotics track.