机器人赛道的资本热浪，正被新入局者的脚步声推向新高。 日前，南都湾财社记者获悉，乐聚(深圳)机器人技术有限公司向合作伙伴发布公告称，因公司经营管理 及战略发展需要，公司名称变更为"乐聚智能(深圳)股份有限公司"，原名称停止使用。 对此，9月17日，乐聚方面回应南都湾财社记者称，此举"是因内外部业务发展需要"。 但在资本市场眼中，这或许是其吹响上市冲锋号的前奏，也让本已激烈的IPO卡位战更趋白热化，揭示 了赛道头部玩家在资本棋局上的两种不同打法：一面是奔赴二级市场抢夺"入场券"，另一面则是在一级 市场深挖产业链、构建生态"护城河"。双线作战之下，行业格局正迎来巨变。 明星资本加持 乐聚机器人自诞生之初便自带"学霸"光环。其创始人冷晓琨及核心团队源于哈尔滨工业大学，拥有深厚 的机器人技术积淀。自2016年南下深圳成立以来，乐聚就凭借清晰的技术路径和产品规划，成为资本持 续追捧的对象。 梳理其融资历程，天眼查信息显示，公司在2017年便获得深创投参与的Pre-A轮及腾讯领投的A轮融 资；2019年的2.5亿元B轮融资中，腾讯继续跟投。 而在距离股改最近的2025年8月最新一轮融资中，投资方阵容更为豪华，引入了东方精 ...

Core Viewpoint - Yushu Technology is actively preparing for its IPO, expected to submit documents to the stock exchange between October and December 2025, indicating a positive outlook for successful listing [1][2]. Company Progress - Yushu Technology announced its IPO preparation progress on September 2, with the listing journey starting from July 18 when it began receiving guidance from CITIC Securities [1]. - The company has completed 10 rounds of financing, with its latest round in June 2023 involving major investors like Tencent, Alibaba, and Ant Group, leading to a valuation exceeding 10 billion yuan [2]. Business Overview - For 2024, Yushu Technology's revenue breakdown is projected to be 65% from quadruped robots, 30% from humanoid robots, and 5% from component products, with a focus on civilian applications [2]. - The company has achieved annual revenue exceeding 1 billion yuan and has been profitable for five consecutive years since 2020, showcasing strong performance in the robotics industry [2]. Industry Context - The global robotics industry is experiencing explosive growth, with an average growth rate of 50%-100% in the first half of 2023, driven by policy support and market demand [3]. - The humanoid robot sector is entering a capital explosion phase, with financing expected to grow from 1.58 billion yuan in 2020 to 7.23 billion yuan in 2024, reflecting a compound annual growth rate of 35.6% [2]. - Yushu Technology's brand recognition is significantly enhanced through marketing events, such as performances during the Spring Festival and humanoid robot competitions, positioning it favorably against competitors [3].

Core Viewpoint - Zhiyuan Robotics is making significant progress in its capital market activities, including the recruitment of key positions to facilitate its IPO timeline and execution plan [1][20]. Group 1: Recruitment and Responsibilities - The company is hiring a Securities Affairs Supervisor whose main responsibilities include assisting in the IPO timeline and execution plan, coordinating with intermediaries, and ensuring compliance with information disclosure post-IPO [1][10]. - The job requires candidates to have at least three years of IPO practical experience and fluency in both Chinese and English, with overseas experience being a plus [8][10]. - Additionally, a Legal Director position is open, focusing on providing legal support for capital market projects, including IPOs and refinancing, and ensuring compliance with export control and data compliance [10][18]. Group 2: Production and Market Position - Zhiyuan Robotics has achieved mass production of 1,000 humanoid robots since the launch of its production facility in October last year, marking 2023 as its commercial year [1][21]. - The company currently has three product lines: a full-size humanoid robot for factories, a half-size humanoid robot for home companionship, and a wheeled robot for data collection [20]. - The company is experiencing high demand, with reports indicating that large customers are facing delays in receiving their robots due to high order volumes [22].