SIASUN(SZ:300024) 3 6 Ke·2025-12-28 02:10Financing Information - CMW Robotics has recently completed a Pre-A round financing of several tens of millions of RMB, led by the Zaozhuang High-tech Zone Government Fund [1] - The funds will primarily be used for team building and the development and mass production preparation of the first-generation product [1] Company Overview - CMW Robotics was established in 2024 and is headquartered in Shandong [1] - The core product is the ET11, a small multifunctional electric smart tractor platform with a design power of 30kW, featuring agricultural-grade autonomous driving capabilities based on vision and radar [1] - The company integrates advanced automotive and robotics technologies to create a native electrification platform and intelligent operating system tailored for agricultural scenarios [1] Product Features - The first-generation product focuses on electrification and practical intelligence, achieving zero emissions, low noise, and low operating costs while providing remote operation, OTA, and remote diagnostics [2] - The application scenarios include high-value agricultural settings such as orchards, greenhouses, and pastures, targeting overseas high-end markets while also conducting demonstration operations domestically [2] Market Potential - The global agricultural machinery market is projected to reach $180 billion by 2025, with the Chinese market accounting for approximately $55 billion [3] - Tractors, as the "mother machine" of agriculture, represent over 50% of this market, with electric tractors expected to grow at an annual rate exceeding 25% [3] - CMW Robotics is entering a potential market where small tractors under 40 horsepower account for over 60% of the market share [3] Company Status - Currently, CMW Robotics is in the product development and testing phase and has not yet achieved commercial sales [4] - The company has initiated small-batch trial production and plans to conduct customer scenario testing by the end of Q1 2026 while advancing preliminary market expansion and ecosystem cooperation [4] Team Background - The founder and CEO, Ma Huan, has 20 years of experience in the automotive industry, previously working at Volvo and co-founding and leading Anghua Automation [5] - The core team includes experts from renowned automotive companies and integrates agricultural professionals to ensure a comprehensive capability from product definition to commercial implementation [5] Strategic Insights - The choice of agricultural robotics stems from the recognition of significant value creation opportunities in traditional industries through AI and robotics [6] - The agricultural sector faces urgent challenges in labor, production models, and resource management, making it a strategic focus for innovation [6] - CMW Robotics aims to leverage its cross-domain technology and supply chain integration capabilities to capitalize on the electric and intelligent transformation of agricultural machinery [7] Market Strategy - The company plans to initially focus on overseas markets with strong purchasing power while growing alongside a new generation of agricultural operators domestically [9] - The strategy emphasizes immediate benefits from electrification, such as reduced energy consumption and maintenance costs, to build trust with early users [9] Investor Perspective - The Zaozhuang High-tech Investment General Manager, Xiang Bin, highlights the opportunity for China's agricultural machinery industry to catch up globally through electrification and intelligent transformation [10] - CMW Robotics is positioned to seize this historic opportunity, with its founding members coming from high-level positions in leading automotive companies [10]