SIASUN(SZ:300024) 3 6 Ke·2025-04-14 10:47Core Viewpoint - The company "Qunke Technology" is preparing for its IPO, aiming to become the first publicly listed company in the space intelligence sector, leveraging its expertise in physical world simulation and embodied AI training [2][5]. Group 1: Company Background and Development - Founded in 2011 by Huang Xiaohuang, Qunke Technology has evolved from a space design software provider to a leader in space intelligence, showcasing its products at major tech events like NVIDIA's GTC [7][10]. - The company is recognized as the largest space design platform globally by active users and the largest software provider in China's space design industry by revenue in 2023 [5][17]. - Qunke Technology's flagship product, "Cool Home," has become a leading space design software in China, benefiting from the real estate boom and advanced GPU technology [11][13]. Group 2: Technological Innovations and Collaborations - The company has made significant advancements in AI and synthetic data, enhancing its software capabilities and expanding into embodied AI training [15][28]. - Qunke Technology has collaborated with notable clients in the humanoid robotics sector, including ZhiYuan Robotics, to develop training data solutions [5][17]. - The launch of the SpatialLM model, which enhances spatial understanding for robots, has positioned the company as a key player in the AI open-source community [20][24]. Group 3: Financial Performance and Market Position - As of September 30, 2024, Qunke Technology reported a total revenue of 553 million yuan, with a subscription income from enterprise clients exceeding 460 million yuan [33]. - The company has a substantial user base, with an average of 27 million active users monthly and over 45,000 enterprise clients contributing to more than 80% of its subscription revenue [33][34]. - The firm is focusing on expanding its market presence and enhancing its product offerings, particularly in the space intelligence domain, to drive future growth [34]. Group 4: Future Outlook and Strategic Goals - Qunke Technology plans to increase its investment in space intelligence research and development, aiming for breakthroughs that will support the growth of the embodied AI industry [34]. - The company is committed to open-source initiatives to foster collaboration across the industry, believing that this approach will lower barriers and enhance technological development [24][28].