Zheng Quan Shi Bao Wang·2025-12-17 00:59Group 1 - The company, Woan Robotics, has passed the main board listing hearing at the Hong Kong Stock Exchange, with joint sponsors being Guotai Junan and Huatai International [1] - Woan Robotics is a global provider of home robot systems, focusing on markets in Japan, Europe, and North America, aiming to build an ecosystem centered around smart home robot products [1] - The product range includes enhanced execution robots (such as door locks, curtains, finger robots, and multifunctional home robots), perception and decision-making systems (like smart hubs, sensors, and cameras), and other smart home products and services [1] Group 2 - As of December 11, 2025, the company holds 311 patents globally, including 56 invention patents, with a research and development team constituting 43.4% of the total workforce [2] - From 2022 to 2024, approximately 20% of the company's revenue is allocated to research and development expenses [2] - The company has a significant global presence, with products sold in over 90 countries and regions, more than 3.5 million registered users of the SwitchBot App, and over 10.8 million connected devices, with about 55.9% of users connecting two or more products [2] - The home robot system integrates artificial intelligence, robotics, and IoT technology to achieve autonomous learning and intelligent decision-making, providing real-time environmental perception, multifunctional device collaboration, and edge intelligence processing, outperforming traditional standalone smart home devices and ordinary home robots [2] - The company offers a wide range of products across seven categories, covering 47 SPUs, and has established a comprehensive omnichannel sales network through e-commerce platforms, direct-to-consumer websites, retailers (including Amazon), and distribution channels [2]