又一家，机器人冲刺A股

Core Viewpoint - Shenzhen Yujiang Technology Co., Ltd. (referred to as "Yujiang") has announced its plan to initiate the process for an A-share listing, having already obtained the necessary guidance registration for the listing process [2]. Group 1: Company Overview - Yujiang was listed on the Hong Kong Stock Exchange on December 23, 2024, becoming the first stock in the Hong Kong market focused on collaborative robots [2]. - The company, established in 2015, specializes in the research, development, production, and sales of intelligent robotic arms and other smart hardware products, with its core product being a six-axis collaborative robot [2]. - In the first half of 2025, Yujiang generated revenue of 153 million yuan, representing a year-on-year growth of 27.1%, while its net loss narrowed by 31.8% to 40.87 million yuan [3]. Group 2: A-share Listing Plans - Yujiang's A-share listing is aimed at promoting business development, enhancing overall competitiveness, and ensuring the achievement of operational goals and long-term development strategies [4]. - The trend of robotics companies seeking to go public is not isolated, with several other firms also advancing their listing processes [4]. Group 3: Industry Trends - Several robotics companies have transitioned from early-stage technology validation to commercial mass production [7]. - Notable orders have been secured by Yujiang, including a procurement order exceeding 80.5 million yuan from Ruidefeng Precision Technology Co., Ltd. and a strategic cooperation agreement with Lens Technology for 1,000 units of embodied intelligent robots [7]. - UBS has indicated that positive signals for mass production in the robotics sector are gradually emerging, with increasing orders from Chinese manufacturers and heightened interest from European investors [7]. - Investment perspectives suggest a focus on main manufacturers with rapid deployment capabilities in specific scenarios in the short to medium term, while long-term attention should be on leading companies in mass production and related supply chain opportunities [7].