Core Viewpoint - The listing trend of robotics companies is accelerating towards the Hong Kong Stock Exchange, with Luoshi Robotics officially submitting its IPO application, aiming to enhance R&D capabilities and expand its global sales network [1][2]. Group 1: Company Overview - Luoshi Robotics was established in 2014 and focuses on the design, R&D, manufacturing, and commercialization of intelligent robots and solutions [1]. - The company has developed a comprehensive ecosystem of robotic applications, including industrial robots, collaborative robots, and intelligent robots, characterized by leading performance, flexibility, intelligence, safety, and robustness [1]. Group 2: Financial Performance - Luoshi Robotics has shown significant revenue growth, with revenues of 153 million, 267 million, and 325 million yuan from 2022 to 2024, and 176 million yuan in the first half of 2025, representing a 50% year-on-year increase [2]. - However, the company has also faced continuous net losses, with losses of 238 million, 157 million, and 192 million yuan from 2022 to 2024, and a loss of 90 million yuan in the first half of 2025, marking a 7.94% year-on-year increase [2]. Group 3: R&D and Accounts Receivable - R&D investment has declined, with expenses dropping from approximately 67.2 million yuan in 2022 to 25.9 million yuan in the first half of 2025, and the proportion of R&D expenses decreasing from 44% to 14.7% [2]. - Accounts receivable reached 206 million yuan by the end of 2024, with turnover days increasing to 223.7 days in the first half of 2025, indicating a prolonged collection period [3]. Group 4: Shareholder Composition - Luoshi Robotics has a strong shareholder base, having completed 10 rounds of financing before its IPO application, with investors including prominent venture capital firms and funds [3].

智通财经5月12日电，知行科技发布公告，旗下专注机器人研发及商业化的全资子公司艾摩星机器人与 苏州小工匠机器人有限公司签署股权转让框架协议，艾摩星机器人将出资收购小工匠大部分股份，成为 控股股东。小工匠机器人是苏州一家机器人领域国家高新技术企业，核心产品为智能一体化关节及定制 化机械臂，具备电机、减速器及驱动器等关键零件的设计及开发能力，已获得超过60项相关知识产权。 目前，小工匠机器人已研发三款可用于量产的智能一体化关节，以不同的重量和性能，匹配包括人形机 器人、工业机器人等多种应用场景需求。 知行科技旗下子公司出资收购机器人关键部件科技公司小工匠机器人大部分股份 ...