云迹科技成今年第一家通过聆讯的18C企业：将成「机器人服务智能体第一股」

Core Viewpoint - Cloud Technology is positioned to become the first "robot service intelligent body" stock in Hong Kong, with significant growth in its AI digital system business, which is seen as a "second curve" for the company [2][3]. Company Overview - Cloud Technology, established in 2014, is a leading player in China's robot service intelligent body market, holding a 6.3% market share and ranking first in the hotel scene with a 13.9% domestic revenue share for 2024 [3][4]. Product and Service Expansion - The company's products are utilized in over 34,000 hotels globally, serving major hotel groups such as Huazhu, Jinjiang, and InterContinental. In 2024, Cloud Technology partnered with Meituan to provide a full-cycle delivery service to 10,000 hotels [4]. - The company is also expanding into high-value sectors such as healthcare and factories, with over 150 hospitals served by May 2025, including notable clients like Peking Union Medical College Hospital [4]. Financial Performance - Revenue figures for Cloud Technology from 2022 to 2024 are projected at 161 million, 145 million, and 245 million respectively, with a compound annual growth rate (CAGR) of 23.2%. The revenue from AI digital systems is expected to grow at a CAGR of 64.6% during the same period [4][5]. - In the first five months of this year, the company's revenue increased by 18.9% to 88 million, with gross profit rising by 10.2% to 35 million [4]. Business Model and Growth Drivers - The growth in revenue and profitability is attributed to the synergy between hardware and AI business lines, with the hardware segment being the main revenue driver. The AI digital system business has seen a remarkable 194% increase in revenue in the first five months of this year compared to the same period in 2024 [5]. - The Chinese robot service intelligent body market is expected to grow at a CAGR of 29.3%, reaching 13.5 billion by 2029, indicating a strong future growth potential for Cloud Technology [6]. Investment and Funding - The company has received investments from prominent firms such as Alibaba, Lenovo Capital, Tencent, and Ctrip, among others, which will support its ongoing development and market expansion [6]. IPO Plans - Cloud Technology plans to use the net proceeds from its IPO to enhance R&D capabilities, improve commercialization in domestic and international markets, and for general corporate purposes [7].