浙大学霸“弃医从工”，创业五年，公司估值32.7亿

Core Viewpoint - Shanghai XianGong Intelligent Technology Co., Ltd. has submitted its application for a mainboard listing on the Hong Kong Stock Exchange, following a previous failed attempt in May 2023 [1] Group 1: Company Overview - Founded by Zhao Yue, a Zhejiang University graduate who shifted from medicine to engineering, XianGong Intelligent has achieved a compound annual growth rate (CAGR) of 35.8% in revenue over the past three years [3][4] - The company specializes in intelligent robotics, providing one-stop solutions for robot development, acquisition, and usage, with a focus on control systems [5] - As of June 2023, XianGong's controllers are compatible with over 300 components and support more than 1,600 integrators and end customers across over 35 countries [6] Group 2: Financial Performance - XianGong's revenue for 2022, 2023, and 2024 was 184 million, 249 million, and 339 million CNY respectively, reflecting a CAGR of 35.8% [6] - The company reported losses of 32.26 million, 47.70 million, and 42.31 million CNY for the same years, with adjusted net losses narrowing from 30.75 million to 10.63 million CNY [6] - In the first half of 2025, XianGong achieved revenue of 158 million CNY, a 35% increase from 117 million CNY in the same period the previous year [8] Group 3: Market Position - According to ZhiShi Consulting, XianGong ranks eighth globally and fifth in China in the industrial intelligent robotics market by revenue for 2024, with market shares of 1.1% and 2.7% respectively [5] - The company ranks first globally and in China in terms of sales volume of robot controllers, with market shares of 23.6% and 37.5% respectively [5] Group 4: Shareholding Structure - Zhao Yue, the chairman and CEO, holds approximately 17.05% of the company's shares and controls about 52.89% of the voting rights through various employee incentive platforms [11] - The largest external institutional shareholder is ProLogis' Heshan Capital, holding 14.25% of the shares [11] Group 5: Future Plans - The funds raised from the IPO will be used over the next five years to advance technology and infrastructure research and development, build a multifunctional center, and establish a global sales system [14]