卡诺普机器人，拟港股上市

Core Viewpoint - Chengdu Kanop Robot Technology Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange, focusing on the design, development, and manufacturing of industrial robots, including six-axis and four-axis robots, with plans to expand into collaborative and embodied intelligent robots [1] Group 1: Company Overview - The company specializes in industrial robots, with a product matrix that includes three main categories: industrial robots, collaborative robots, and embodied intelligent robots [2] - Kanop's robots have a core advantage in welding and offer multifunctional capabilities such as cutting, grinding, precision machining, stamping, handling, palletizing, and assembly [2] - The company aims to perform repetitive and high-precision tasks across various industries, including metal and machinery processing, automotive parts, electronics, new energy, consumer goods, and healthcare [2] Group 2: Market Position - According to Frost & Sullivan, Kanop ranks first among all Chinese welding robot manufacturers based on projected revenue for 2024, and also leads in key segments such as laser welding and cutting robots [2] - The company is positioned as a leader in the application of robots in the metal and machinery processing industry among Chinese enterprises [2] Group 3: Financial Performance - The company's revenue for 2022, 2023, 2024, and the first half of 2025 was approximately 197 million, 222 million, 234 million, and 156 million respectively, with net profits of about 28.27 million, 1.69 million, -12.94 million, and 8.44 million [2] - The proportion of revenue from overseas markets for the same periods was 15.6%, 19.0%, 10.5%, and 9.1% respectively [2] Group 4: R&D Expenditure - R&D expenditures for 2022, 2023, 2024, and the first half of 2025 were approximately 34 million, 36 million, 36 million, and 18 million, representing 17.1%, 16.2%, 15.4%, and 11.6% of total revenue respectively [4] - The company serves a diverse customer base across multiple industries, including metal and machinery processing, automotive parts, electronics, new energy, consumer goods, and healthcare [4] Group 5: Supplier Relationships - Revenue from the top five customers for 2022, 2023, 2024, and the first half of 2025 was approximately 44 million, 43 million, 41 million, and 30 million, accounting for 22.3%, 19.2%, 17.5%, and 19.3% of total revenue respectively [4] - The company’s procurement from the top five suppliers for the same periods was approximately 74 million, 60 million, 51 million, and 57 million, representing 46.3%, 48.5%, 40.7%, and 43.8% of total procurement respectively [4]