估值216亿，国内“AIoT第一股”要来了
3 6 Ke·2025-11-26 10:45

Core Viewpoint - Teslion Smart Technology Co., Ltd. is advancing its IPO process on the Hong Kong Stock Exchange, aiming to raise funds for enhancing R&D capabilities, developing green computing systems, and expanding market presence [1] Company Overview - Founded in December 2015, Teslion is led by CEO Ai Yu and Chairman Jin Zheng, both of whom have extensive experience in private equity and new economy sectors [1] - The company has completed approximately 9 rounds of financing totaling about 5.297 billion RMB, with notable investors including JD.com and SenseTime [1] IPO Details - The IPO process has seen Teslion submit applications in September 2024 and April 2023, with the latest prospectus update on November 25 [1] - The funds raised will be allocated to R&D, model-system integration, market expansion, and potential strategic investments [1] Financial Performance - Teslion's revenue from AI industrial digitization for 2022, 2023, and the first half of 2024 was approximately 472 million, 624 million, and 1.641 billion RMB, respectively, with a significant year-on-year growth of 191% in the first half of 2024 [7][9] - The company reported a compound annual growth rate (CAGR) of 58% in revenue from 2022 to 2024, with a gross profit margin of 22.7% in the first half of 2024 [9][11] Product and Market Position - Teslion is recognized as one of the top five public domain AIoT product providers in China, with its TacOS platform serving as a key infrastructure for industrial digitization [6] - The company has developed four major AIoT application scenarios, including AI industrial digitization and AI smart cities, with deployments in over 900 clients across 172 cities globally [9] R&D and Innovation - As of June 2023, Teslion holds 1,057 patents and has a dedicated R&D team comprising 255 members, representing 45% of its total workforce [10] - The company has invested approximately 3.29 billion, 3.22 billion, and 3.77 billion RMB in R&D from 2022 to 2024, with a year-on-year increase of 11.4% in the first half of 2024 [10]