Core Insights - SUTENG JUCHUANG Technology Co., Ltd. reported significant business growth and technological innovation in its interim report for the six months ending June 30, 2025, showcasing strong competitiveness in the fields of intelligent driving and robotics [2] Financial Performance - Total revenue reached RMB 783 million, a 7.7% increase from RMB 727 million in the same period of 2024 [2] - Laser radar product sales were particularly strong, with total sales of approximately 266,800 units, representing a year-on-year growth of 24.3% [2] - Sales in the robotics and other sectors saw a remarkable increase, reaching approximately 46,300 units, up 184.8% year-on-year [2] - Gross margin improved to 25.9%, significantly up from 13.6% in the same period of 2024 [2] - Net loss narrowed to RMB 149 million in the first half of 2025, a 44.5% reduction from RMB 268 million in the same period of 2024 [2] Research and Development - R&D expenditure was RMB 309 million, slightly lower than in 2024, but the company maintained a strong focus on R&D [3] - The company developed a comprehensive digital product matrix based on its self-developed SPAD-SoC chip and VCSEL architecture, including the E platform and EM platform [3] - Next-generation digital chip development is progressing well, with plans for a launch next year [3] Product Development - New products launched include E1R and Airy in the robotics sector [3] - E1R, built on the automotive-grade E platform, features a wide field of view and high robustness for precise mapping and positioning in complex environments [3] - Airy is the world's first ultra-lightweight hemispherical laser radar, offering 360°×90° panoramic coverage and plug-and-play design, setting new standards for service robot perception [3] - The company secured exclusive partnerships with several leading global manufacturers, achieving seven-figure order sizes in the lawn mowing and unmanned delivery sectors [3] Market Expansion - As of June 30, 2025, the company secured mass production orders from 30 automotive manufacturers and 119 models as first-tier suppliers, with 44 models achieving SOP for 14 clients [4] - The company added 46 models from 8 new automotive manufacturers, including a leading global electric vehicle manufacturer [4] - Strategic partnerships were established with major autonomous driving companies such as Didi Autonomous Driving, Baidu, and Pony.ai to advance autonomous driving technology [4] - In the robotics sector, partnerships were formed with leading manufacturers, including a strategic collaboration with Kuka Technology for the procurement of 1.2 million solid-state or digital mechanical laser radars over three years for high-end intelligent lawn mowing robots [4] - Deep strategic partnerships were also established with domestic delivery companies like Meituan, New Stone Technology, and White Rhino to build a global delivery network [4]
速腾聚创上半年营收达7.83亿元，已取得119款车型量产定点订单