SIASUN(SZ:300024) Ge Long Hui A P P·2025-08-29 14:20Core Insights - The company reported a revenue of 1.025 billion RMB for the first half of 2025, representing a year-on-year growth of 31.0%, with non-mainland China revenue accounting for 79.5% of total revenue [1] - Gross profit increased by 43.1% to 360 million RMB, with a gross margin improvement to 35.1% [1] - Adjusted net loss significantly narrowed by 94.0% to 11.9 million RMB, while adjusted EBITDA turned positive at 11.62 million RMB compared to a negative 169.83 million RMB in the same period of 2024 [1] Revenue and Orders - The company achieved a rapid growth in orders, recording 1.76 billion RMB in orders, a year-on-year increase of 30.1%, with the largest single order exceeding 100 million RMB [1] - The global business continued to expand, adding over 60 new end customers and more than 40 new channel partners, with significant progress in the grocery retail and food and beverage sectors [1] Market Presence - As of June 30, 2025, the company's products covered over 40 countries and regions, serving more than 850 end customers, with cumulative deliveries exceeding 66,000 robots and a customer repurchase rate exceeding 80% [1] Technological Advancements - The company has established a competitive advantage with its full-stack AI technology architecture, becoming one of the few enterprises to successfully commercialize AI [2] - The company is actively developing embodied intelligence, recently launching a general robotic arm operation technology solution and the embodied intelligence base model Geek+ Brain, addressing large-scale goods picking challenges [2] - The embodied intelligence business is expected to serve as a new growth engine, potentially unlocking long-term sustainable value growth for the company [2]