Core Insights - The company, SUTENG, reported a significant revenue increase of 47.2%, reaching 1.649 billion yuan, with laser radar product shipments growing by 109.6% to 544,000 units [1] - The company is shifting its focus towards embodied intelligence, particularly in robotics, as the laser radar market stabilizes [2] Group 1: Financial Performance - Revenue increased by 47.2% to 1.649 billion yuan, with laser radar shipments reaching 544,000 units, a 109.6% increase compared to 2023 [1] - Sales of automotive-grade laser radar for ADAS reached 519,800 units, marking a year-on-year growth of 113.9% [1] - The company achieved a milestone of producing over one million high-line laser radars in February [5] Group 2: Strategic Shift to Robotics - The CEO emphasized a strategic pivot towards robotics, with 41% of the 2024 R&D budget allocated to innovation in this area, amounting to 250 million yuan [2] - The robotics strategy includes developing a general-purpose robot development platform and leveraging AI for advanced operational capabilities [2] - The company is not selling laser radars to robot manufacturers but is focusing on creating a comprehensive robotics ecosystem [2] Group 3: Product Development - The company launched the AC1, the first product of the Active Camera platform, which integrates depth, image, and motion information in real-time [3] - The second generation of the dexterous hand, Papert 2.0, features 20 degrees of freedom and 14 force sensors, capable of handling complex tasks [3] - The company is collaborating with over 10 humanoid robot companies globally to expand its robotics network [3] Group 4: Technological and Commercial Capabilities - The company has built a strong foundation in hardware, chips, and AI, which supports the development of AI-driven robotic platforms [4] - Significant investments over the past decade have established AI research facilities and a closed-loop data system [4] - The company offers a full-stack platform that reduces development costs for clients, leveraging its experience in the automotive sector [4] Group 5: Market Position - As of March, the company has partnered with 30 global automakers and Tier 1 suppliers, with over 100 designated vehicle models [6] - The company holds a 33.5% market share in the passenger car laser radar segment, ranking first in the industry [6]
速腾聚创加大创新投入 布局具身智能第二增长曲线