此前速腾聚创披露信息显示，公司在割草机器人领域已与全球Top5中的多家厂商达成独供合作，订单 规模达到七位数，充分验证了其数字化激光雷达技术在消费级庭院机器人市场的规模化商业潜力。该技 术因其精准的环境感知和抗干扰能力，正成为高端智能割草机器的首选感知方案。 消息面上，据RoboSense速腾聚创公众号发布的CES预告信息，2026年1月6日至9日，速腾聚创将与九号 公司旗下智能割草机器人品牌Navimow(未岚大陆)，在美国拉斯维加斯国际消费电子展(CES)联合推出 首款搭载数字化激光雷达的新品。此次合作标志着九号公司正式成为速腾聚创在消费级机器人领域的重 要客户。 速腾聚创(02498)午后涨超4%，截至发稿，涨4.58%，报37.02港元，成交额1.95亿港元。 ...

Navimow是九号公司旗下专注智能割草机器人的品牌，自2021年推出首款产品以来，已成为全球无边界 割草机器人领域的领先品牌。截至2024年，Navimow销量已达15万台，同比增长3倍，营收突破8.61亿 元，服务全球超17万家庭用户，凭借其自主研发的精确融合定位系统等技术，实现了无边界规划式割 草，将效率提升约6倍。该品牌目前已覆盖全球超30个国家，建立了超过3000个线上线下销售渠道，成 为全球智能割草机器人市场的重要参与者。 智通财经APP获悉，据RoboSense速腾聚创公众号发布的CES预告信息，2026年1月6日至9日，速腾聚创 (02498)将与九号公司旗下智能割草机器人品牌Navimow(未岚大陆)，在美国拉斯维加斯国际消费电子展 (CES)联合推出首款搭载数字化激光雷达的新品。此次合作标志着九号公司正式成为速腾聚创在消费级 机器人领域的重要客户。 根据速腾聚创此前披露的信息，其在割草机器人领域已与全球Top5中的多家厂商达成独供合作，订单 规模达到七位数，充分验证了其数字化激光雷达技术在消费级庭院机器人市场的规模化商业潜力。该技 术因其精准的环境感知和抗干扰能力，正成为高端智能割草机器的 ...

Summary of LobeSense's Q3 2025 Earnings Call Company Overview - **Company**: LobeSense - **Industry**: Laser Radar Technology, Robotics, Autonomous Driving Key Financial Performance - **Q3 2025 Revenue**: 407.1 million RMB, a slight decrease of 0.2% year-over-year [2][16] - **Product Sales Revenue**: Increased by 0.6% to 387.1 million RMB, driven by significant growth in laser radar sales for robotics and other fields [2][16] - **ADAS Revenue**: Decreased by 25.7% to 240.47 million RMB, despite a 14.3% increase in unit sales to 150,100 units due to a drop in average selling price [2][17] - **Robotics and Other Fields Revenue**: Increased by 157.8% to 142.4 million RMB, with unit sales rising 393.1% to 55,500 units [2][17] - **Gross Margin**: Improved to 23.9%, up 6.4 percentage points year-over-year, attributed to lower raw material costs and the adoption of self-developed SOC chips [2][19] - **Net Loss**: 1 million RMB, a 20% increase in loss compared to the previous year [2][21] Product and Market Developments - **Laser Radar Shipments**: Expected to reach a historical high in Q4 2025, with 120,000 units delivered in October alone [2][21] - **Digital Laser Radar**: Fully mass-produced, with significant orders and deliveries planned for Q4 2025 [2][21] - **New Product Launches**: Five new digital laser radar products released, receiving high market recognition and numerous orders [2][5] Strategic Partnerships and Market Expansion - **Key Partnerships**: Collaborations with major clients like Leading and Great Wall, indicating industry recognition of LobeSense's performance [4][22] - **International Market Growth**: Secured contracts with 12 overseas and joint venture brands, with projects expected to ramp up in 2026 [4][13] - **Robotaxi Market**: Significant growth in the Robotaxi sector, with LobeSense collaborating with major players like Didi to provide advanced radar solutions [7][25] Future Outlook - **Profitability Goals**: Aiming for a turnaround to profitability in Q4 2025, with continued improvements in gross margins and revenue growth [6][21] - **Market Trends**: Anticipating increased demand for advanced sensor technologies in the autonomous driving sector, particularly in the Robotaxi market [8][25] - **Regulatory Developments**: Progress in L2 and L3 autonomous driving regulations in China, enhancing the market landscape for LobeSense's products [9][10] Innovation and Technology - **Digital Laser Radar Technology**: Transitioning from analog to digital radar systems, enhancing performance and reliability [22][28] - **New Product Innovations**: Launch of the Aptina Camera series aimed at improving robotic vision and operational efficiency [29][30] - **Long-term Competitive Advantage**: Focus on self-developed chips to maintain a technological edge over competitors [28][32] Conclusion LobeSense is positioned for significant growth in the laser radar and robotics markets, with a strong focus on innovation, strategic partnerships, and expanding international presence. The company aims to achieve profitability in the near term while capitalizing on the growing demand for advanced sensor technologies in autonomous driving applications.

Core Viewpoint - Robosense signals a strong turnaround potential with a focus on achieving profitability in Q4 2024, as indicated by CEO Qiu Chunchao during the Q3 earnings call [2]. Financial Performance - In Q3 2024, Robosense reported total revenue of approximately 407 million RMB, a slight decrease of 0.2% compared to 408 million RMB in the same period of 2023 [2]. - The company aims to achieve profitability in Q4 2024, highlighting confidence in future performance despite a challenging Q3 [2]. Product Development and Market Strategy - The company has been preparing for mass production of digital lidar, having launched five products this year and secured numerous orders [2]. - In October, Robosense achieved a record shipment of 120,000 lidar units, with expectations for higher shipment levels in the remaining months of Q4 [2]. Strategic Partnerships - Robosense announced a significant partnership with Didi Autonomous Driving for a new generation of Robotaxi models, indicating a trend towards using 8 to 10 lidar units per vehicle [3]. - The company has also secured lidar contracts with Leap Motor and Great Wall Motors, previously clients of competitor Hesai Technology, marking a strategic gain in market share [3][5]. Technological Advancements - Robosense emphasizes its technological edge in digital lidar, which operates on single-photon avalanche diode (SPAD) technology, allowing for direct digital signal output [5]. - The company contrasts digital lidar with analog lidar, suggesting that digital lidar offers superior efficiency in data processing and decision-making [5]. Future Growth Potential - The global Robotaxi market, projected to be worth hundreds of billions, is expected to drive demand for Robosense's digital lidar solutions, providing significant growth opportunities [6]. - The company is exploring additional growth avenues, including partnerships with overseas and joint venture brands, as well as potential in logistics and robotic applications [6].

Core Viewpoint - Robosense has signaled a strong turnaround since its IPO, aiming for profitability in Q4 2023, as stated by CEO Qiu Chunchao during the Q3 earnings call [1]. Financial Performance - In Q3 2023, Robosense reported total revenue of approximately 407 million RMB, a slight decrease of 0.2% compared to 408 million RMB in the same period of 2024 [1]. - The company is focusing on improving its performance in Q4, with a goal of achieving profitability [1]. Product Development and Market Strategy - Robosense has been preparing for mass production of digital lidar, having launched five products this year and receiving numerous orders [1]. - In October, the company achieved a record shipment of 120,000 lidar units, with expectations for higher shipment levels in the remaining months of Q4 [1]. Strategic Partnerships - On November 24, Robosense announced a significant partnership with Didi Autonomous Driving for a new generation of Robotaxi models, indicating a trend towards using 8 to 10 digital lidar units per vehicle [2]. - The company also secured lidar contracts with Leap Motor and Great Wall Motors, previously clients of competitor Hesai Technology, marking a significant competitive breakthrough [2]. Technological Advancements - Robosense is positioned as a leader in digital lidar technology, utilizing single-photon avalanche diode (SPAD) technology for direct digital signal output, which is seen as superior to traditional analog lidar systems [4]. - The company emphasizes the efficiency of digital lidar compared to analog systems, likening the former to "climbing a mountain by helicopter" versus "taking a cable car" for the latter [7]. Future Growth Potential - The company anticipates continued growth driven by the expanding global Robotaxi market, projected to reach hundreds of billions of dollars [7]. - Robosense is exploring additional growth avenues, including partnerships with overseas and joint venture brands, as well as potential in logistics and robotic applications [7].