云迹科技港股IPO获证监会备案，去年亏损1.85亿元、收窄

Core Viewpoint - Cloud Technology Co., Ltd. is set to launch its IPO process in Hong Kong, aiming to issue up to 12,592,500 shares, following the approval from the China Securities Regulatory Commission [1] Company Overview - Founded in 2014, Cloud Technology specializes in "robot service intelligence," with its main business divided into robot and functional suite products and AI digital systems [1] - The company has launched three generations of robot products: "Run," "Gege," and "UP" [2] Market Presence - As of the end of 2024, Cloud Technology has served over 34,000 enterprise clients, including more than 30,000 hotels and 100 hospitals, with applications across various service industry scenarios [2] - The company's robots have completed over 500 million services and are deployed in 329 prefecture-level administrative regions in China, covering nearly every city at this level [2] Financial Performance - Revenue from 2022 to 2024 showed a compound annual growth rate (CAGR) of 23.4%, with revenues of 161 million yuan, 145 million yuan, and 245 million yuan respectively [5] - Net losses decreased from 365 million yuan in 2022 to 185 million yuan in 2024, totaling cumulative losses of 815 million yuan over three years [5] - Gross profit margins improved from 24.3% in 2022 to 43.5% in 2024 [5] Business Segments - In 2024, revenue from the robot and functional suite business reached 189 million yuan, a year-on-year increase of 77.2%, while AI digital systems generated 56 million yuan, growing by 22.8% [6] - The breakdown of revenue for 2024 includes 188 million yuan from product sales and 2.3 million yuan from rental income in the robot and functional suite segment [7] Investment Background - Prior to the IPO, Cloud Technology underwent eight rounds of financing, with investors including Tencent, Alibaba, Ctrip, Lenovo Capital, Qiming Venture Partners, and iFlytek, achieving a pre-IPO valuation of 4.1 billion yuan [9]