红杉加持！又一机器人公司赴港上市

Core Viewpoint - The article discusses the IPO process of Suzhou Jiwu Intelligent Technology Co., Ltd. (referred to as "Jiwu Intelligent"), highlighting its position in the rapidly growing industrial robotics market and its plans for expansion through public listing on the Hong Kong Stock Exchange [1][7]. Company Overview - Jiwu Intelligent was established in 2017 and is recognized as one of China's leading companies in the intelligent embodied industrial robotics sector, focusing on designing, developing, and deploying multi-form intelligent robots with perception, decision-making, and interaction capabilities [3]. - According to Frost & Sullivan, Jiwu Intelligent ranks second in China's market share for intelligent embodied industrial robotics solutions, holding 5.9% of the market in 2024 [3]. Technology and Products - The company has developed a full-stack robotic technology that includes core software and algorithms for perception, planning, control, and complex cluster scheduling, as well as key hardware components like lidar, robotic arms, controllers, and drivers [3]. - Jiwu Intelligent's JOS robotic operating system, launched in 2018, is one of the first in China to integrate perception, motion control, and planning, enabling robots to perform various tasks [3]. Market Performance - Jiwu Intelligent has sold over 11,000 intelligent embodied industrial robots to 156 clients across 16 industrial sectors, including 48 listed companies or their subsidiaries [5]. - The company's revenue for 2023 and 2024 is projected to be 207 million yuan and 366 million yuan, respectively, with profits of 9.13 million yuan and 32.64 million yuan during the same periods [5]. IPO and Funding - Jiwu Intelligent's IPO is timely, as the global and Chinese intelligent embodied industrial robotics market is expected to enter a high growth phase, with the market size projected to grow from 5.1 billion yuan in 2024 to 53.2 billion yuan in 2029, reflecting a compound annual growth rate of 59.6% [7]. - The funds raised from the IPO will primarily be used for technology research and development, production facility construction, sales service network expansion, and strategic investments from 2026 to 2030 [7]. Shareholding Structure - The company's chairman and CEO, Wang Hongjun, holds 4.87% of the shares, while Tunan Investment, Jiuyou Intelligent, and Juchuang Intelligent collectively hold 34.47% [7]. - Sequoia Capital is among the shareholders, holding 11.34% of the company, while Shangrong Capital holds a combined 2.34% through its investment entities [6][9].