腾讯投的女总裁敲钟了
Sou Hu Cai Jing·2025-10-18 00:06

Core Viewpoint - Cloud Robotics Company, Yunji Technology, has officially gone public on the Hong Kong Stock Exchange, raising approximately HKD 590 million, with a significant opening increase of 49.37% to HKD 142.8 per share, resulting in a market capitalization of nearly HKD 10 billion [3][11]. Company Overview - Yunji Technology was founded in 2014 by Zhi Tao, a graduate of Xi'an Jiaotong University, and has developed service robots that are now operational in over 34,000 hotels, as well as in hospitals, factories, and apartments [3][6][11]. - The company’s first robot series, named "Run," was launched shortly after its establishment, targeting the hotel industry due to its high demand for standardized services [6][8]. Financial Performance - The company reported revenues of approximately CNY 161.28 million, CNY 145.15 million, CNY 244.78 million, and CNY 88.33 million for the years 2022, 2023, 2024, and the first five months of 2025, respectively [8][9]. - Gross profits for the same periods were CNY 39.27 million, CNY 39.16 million, CNY 106.42 million, and CNY 34.89 million, with gross margins of 24.3%, 27.0%, 43.5%, and 39.5% [8][9]. - Despite the growth in revenue, the company has not yet achieved profitability, reporting losses of CNY 365.42 million, CNY 264.52 million, CNY 184.96 million, and CNY 118.35 million for the same periods [11][12]. Investment and Financing - Yunji Technology has attracted significant investment from notable venture capital and private equity firms, including Tencent, Alibaba, and various other investors, raising substantial funding through multiple rounds since its inception [12][13][15]. - The company completed its last funding round before the IPO, achieving a valuation exceeding CNY 4 billion [13][14]. Industry Context - The robotics industry is experiencing a surge in IPO activity, with over 15 companies in the robotics supply chain having filed for public offerings in Hong Kong this year [16][18]. - The current market environment is characterized by intense competition among robotics startups, many of which are still in the research and development phase, making the race to go public critical for survival [18][19].