SIASUN(SZ:300024) Sou Hu Cai Jing·2025-07-31 02:19Core Viewpoint - Sichuan Tianlian Robot Co., Ltd. (referred to as "Tianlian Robot") experienced a significant stock price increase of 29.63% on July 31, 2023, following its announcement of plans for an initial public offering (IPO) on the Shanghai Stock Exchange's Sci-Tech Innovation Board [1][2]. Financial Performance - The company reported revenues of CNY 21.39 million in 2022 and projected revenues of CNY 29.91 million for 2023, reflecting a year-on-year growth of 39.81% [4]. - The net profit attributable to shareholders was negative, amounting to -CNY 14.27 million for the latest period, an improvement of 23.95% compared to the previous year's loss of -CNY 18.77 million [4]. - The company has a three-year compound annual growth rate (CAGR) of 12.03% in revenue [3]. Company Structure and Control - Tianlian Robot has no controlling shareholder, with the actual controller being Hu Tianlian. The concerted action group, including Hu Tianlian, Wu Jian, and Chen Gang, holds a combined shareholding of 48.53% [3]. Market Position and Future Plans - As of July 30, 2025, the company's total market capitalization was CNY 756 million, which does not meet the financial and market standards required for listing on the Sci-Tech Innovation Board [3]. - The company focuses on developing humanoid robots, collaborative robots, and other advanced robotic technologies, aiming to establish a product layout centered on humanoid robots and supporting technologies [4].