Core Insights - The company, 越疆科技, reported a revenue of 374 million RMB for 2024, marking a year-on-year growth of 30.3%, with losses narrowing by 7.6% to 95.36 million RMB [3][4]. Revenue Growth - Revenue growth accelerated from 19.0% in 2023 to 30.3% in 2024 [3]. - Six-axis collaborative robots generated 209 million RMB, accounting for 55.9% of total revenue, with a remarkable growth rate of 55.5% [4]. - Four-axis collaborative robots saw a revenue of 95.84 million RMB, down 3.7% year-on-year [4]. - Compound robots generated 56.55 million RMB, with a growth of 64.7% [4]. Application Scenarios - Revenue from industrial applications reached 200 million RMB, up 32.3% year-on-year [4]. - Educational applications generated 147 million RMB, reflecting a growth of 19.7% [4]. - The commercial sector experienced the strongest growth, with revenue of 25.58 million RMB, up 111.6% [4]. Strategic Initiatives - The company aims to drive growth through a dual strategy of upgrading collaborative robots and innovating embodied intelligent robots [6]. - As of December 31, 2024, the company has launched 27 models across four series of robots, covering a load range from 20 kg to 1025 kg [6]. - The company has achieved a cumulative shipment of over 80,000 units globally, with a market presence in over 80 countries [6][7]. Market Position - The company holds a 13% market share, ranking among the top two in global collaborative robot shipments as of 2023 [6][7]. - The company’s embodied intelligent robot product planning includes four series, enhancing its competitive edge in the market [7].
越疆科技2024营收同比增长30.3%