[Qinchuan Machine tool: sales and revenue of robot joint reducer is expected to increase by 30% on the basis of last year in 2023] Qinchuan Machine tool said in a survey conducted by an agency that the company has conquered the core technology of robot joint reducer by undertaking the national 863 plan. At present, China's robot joint reducer market is still mainly dominated by foreign products, and the localization rate is only 30%, of which Qinchuan machine tool robot joint reducer accounts for 20-25% of the domestic robot joint reducer market. At present, the company has a production capacity of 60,000 to 90,000 sets of robot joint reducers, and it is expected that the sales and revenue of robot joint reducers will increase by 30% in 2023 compared with last year.