SIASUN(SZ:300024) Zhi Tong Cai Jing·2025-09-27 08:15Core Viewpoint - FJD Inc. has submitted a listing application to the Hong Kong Stock Exchange, with Morgan Stanley and CICC acting as joint sponsors [1] Company Overview - FJD Inc. is a global supplier of robotic solutions and related enabling technologies, focusing on automating workflows in agriculture, construction, and property management to enhance human potential [3] - The company has developed integrated hardware and software systems that free labor from repetitive tasks, allowing them to focus on work requiring human insight, judgment, and creativity [3] - FJD aims to provide user-friendly robotic solutions that address critical pain points in target industries, helping end-users improve efficiency and business growth [3] Market Position - FJD has rapidly developed into a global leader in the agricultural robotics market, ranking as the third-largest supplier of agricultural automatic navigation system kits and the second-largest supplier of aftermarket kits, with market shares of approximately 8.5% and 16.9% respectively in 2024 [3] Financial Performance - FJD's revenue for the fiscal years 2022, 2023, 2024, and the first half of 2025 was 504 million, 530 million, 570 million, and 358 million RMB respectively [4] - The company reported losses of 333 million, 471 million, 334 million, and 151 million RMB for the same periods [4] - The gross profit for the fiscal years 2022, 2023, 2024, and the first half of 2025 was 146 million, 284 million, 367 million, and 235 million RMB respectively [6]