SIASUN(SZ:300024) Zheng Quan Shi Bao·2025-07-02 00:52Core Insights - The article highlights the successful launch of Xiaomi's YU7 electric vehicle, which achieved over 240,000 orders within 18 hours, showcasing its popularity and the role of Stand Robot in its production [1] - Stand Robot has submitted its IPO application to the Hong Kong Stock Exchange, aiming to become the first publicly listed company in the industrial embodied intelligence sector [1][3] - The company has established itself as a leading provider of industrial intelligent mobile robot solutions, ranking second in the computer, communication, and consumer electronics sectors, and second in the automotive industry [1][4] Company Overview - Founded in 2016, Stand Robot has quickly become a major player in the industrial robotics market, providing solutions to over 400 technology companies and smart factories, including major automotive manufacturers like BYD, Toyota, and NIO [3][4] - The company focuses on customer-centric market entry strategies, primarily in the 3C, automotive, and semiconductor sectors [3][4] Product and Technology - Stand Robot offers industrial intelligent mobile robots capable of autonomous navigation, path planning, and material handling, as well as industrial embodied intelligent robots that combine mobility with high-precision operation [4][6] - The company's core solution philosophy is encapsulated in the formula "1 + N + S = ∞", which includes a core technology platform, multifunctional robots, and a collaborative system, enabling extensive customization for various industrial scenarios [7][10] Market Position and Growth - As of 2024, Stand Robot is the fifth largest provider of industrial intelligent mobile robot solutions globally, with a market share of 3.2%, and the fourth largest in the embodied intelligent robot sector [4][9] - The company has demonstrated significant growth in robot sales, with figures of 725 units in 2022, 1,212 units in 2023, and a projected 1,932 units in 2024 [10] Strategic Development - Stand Robot has strategically positioned itself in the Yangtze River Delta and the Greater Bay Area, leveraging local resources for rapid growth and technological advancement [12][14] - The company has received substantial investment, including a significant stake from Xiaomi, which holds 8.40% of Stand Robot's shares [13] Future Outlook - Following its potential IPO in Hong Kong, Stand Robot aims to use this platform to expand its reach to overseas clients and enhance its global service offerings [15]