SIASUN(SZ:300024) Huan Qiu Wang·2025-12-25 04:19Core Insights - The underwater robotics industry in China is projected to reach a market size of 16.76 billion yuan in 2024, with a year-on-year growth of 18.3% and a compound annual growth rate of 29.7% over the past decade, indicating strong market potential [1] - The industry is experiencing a golden period of development driven by the marine power strategy, continuous capital infusion, and technological breakthroughs, with a notable trend of collaboration among academia, industry, and research [1] - Chinese underwater robotics companies are rapidly closing the gap with international counterparts, leveraging significant "latecomer advantages" and the overlap of the entire industry chain with robotics and new energy vehicles [1] Investment Landscape - The underwater robotics sector has become a focal point for capital, with increased activity and rising scale, entering a concentrated financing period from 2024 to 2025 [2] - Notable financing events include a 1 billion yuan A+ round by Xingmai Innovation in September 2025, marking the highest single financing amount recently, and a 550 million yuan Pre-IPO round by Deep Blue in May 2023, signaling an impending IPO breakthrough in the industry [2] - The market is characterized by parallel development of consumer-grade and industrial deep-sea-grade segments, with consumer-grade companies, particularly those producing pool cleaning robots, leading in financing scale [2] Future Outlook - Companies in the underwater robotics sector must achieve rapid technological breakthroughs, continuous innovation in business models, and proactive supply chain security to thrive in this capital and technology-intensive field [3] - With increased policy support and the emergence of industry chain advantages, Chinese underwater robotics companies are expected to secure a significant position in the deep blue world, making their future performance highly anticipated by the market [3]