以下文章来源于硬氪 ，作者欧雪 硬氪 . 专注全球化、硬科技报道。36kr旗下官方账号。 技术趋势集中在轻量化、 异构底盘和核心算法。 文 ｜ 欧雪 编辑 ｜ 彭孝秋 来源｜ 硬氪（ID：south_36kr） 特种复合作业机器人则更侧重于在特定工业场景中的整体智能系统，涵盖 " 大脑 " 层的决策与感知、 " 小脑 " 层的运动控制与手 眼协作等关键技术。该类机器人虽多采用防爆轮式或履带式标准底盘，但在行为决策和机械臂协同等算法层面具备较强的自主研 发优势。 封面来源 ｜ 企业供图 硬氪获悉，深圳市玄创机器人有限公司（下称"玄创机器人"）近日完成数千万元 Pre-A 轮融资，投资方为东方富海，云悦资本担 任本轮财务顾问。融资资金将主要用于研发投入和市场拓展。 玄创机器人成立于 2022 年 12 月，专注于特种具身智能机器人的发展与应用，其产品分为运维机器人和复合作业机器人两大类。 核心业务覆盖石油化工、核电与新能源，以及新兴特种工业场景，如农业和水下特种机器人，主要客户包括万华化学、平煤神 马、中石油等。 公司核心团队主要来自哈尔滨工业大学，技术成果源于哈工大机器人研究所及福建（泉州）先进制造技术研究院的 ...

作者丨欧雪 编辑丨彭孝秋 硬氪获悉，深圳市玄创机器人有限公司（下称"玄创机器人"）近日完成数千万元Pre-A轮融资，投资方为东方富 海，云悦资本担任本轮财务顾问。融资资金将主要用于研发投入和市场拓展。 玄创机器人成立于2022年12月，专注于特种具身智能机器人的发展与应用，其产品分为运维机器人和复合作业机 器人两大类。核心业务覆盖石油化工、核电与新能源，以及新兴特种工业场景，如农业和水下特种机器人，主要 客户包括万华化学、平煤神马、中石油等。 公司核心团队主要来自哈尔滨工业大学，技术成果源于哈工大机器人研究所及福建（泉州）先进制造技术研究院 的研发转化。创始人及CEO傅喆，拥有10年工业与制造业经验，是哈尔滨工业大学和伯明翰大学双学士，以及谢 菲尔德大学和帝国理工大学双硕士。 特种机器人是与服务机器人、工业机器人并列的三大机器人产业，主要指应用于特种工业领域，具备特殊功能和 适应特殊环境能力的机器人。特种作业场景往往对应脏险苦累的工作及人工无法完成的工作，此类行业中人工作 业危险性高、可靠性较低、用工成本高等问题日益凸显。 相关数据显示，中国特种机器人市场增长稳定，行业潜力巨大。年均复合增长率超过20%，预计 ...

Investment Rating - The investment rating for the company is "Buy" (maintained) [6] Core Insights - The company successfully completed a private placement of shares, raising a total of 1.02 billion yuan by issuing 7.397 million shares at a price of 13.8 yuan per share, which will facilitate capacity expansion and ensure future performance release [1] - The company is positioned at the core of the special robotics sector, providing integrated optical reconnaissance solutions for unmanned platforms, with products expected to be showcased at the 2024 Zhuhai Airshow [2] - The defense sector is experiencing rapid information technology advancements, with increasing demand for precision-guided munitions, which the company is well-equipped to meet due to its strong technological capabilities in laser guidance systems [3] - The optical materials and components segment is witnessing a shift of the industry towards China, with the company's subsidiary holding a 30% market share in the domestic high-quality optical glass market [4] Financial Summary - Revenue projections for the company are expected to reach 2.3168 billion yuan in 2025, 3.0118 billion yuan in 2026, and 3.7918 billion yuan in 2027, with a compound annual growth rate (CAGR) of 28% from 2025 to 2027 [5] - The net profit attributable to the parent company is forecasted to be 0.86 billion yuan in 2025, 1.129 billion yuan in 2026, and 1.448 billion yuan in 2027, with a CAGR of 30% during the same period [5] - The company is projected to have a revenue of 1.297 billion yuan in 2024, reflecting a 41.1% decrease, followed by a significant recovery in 2025 with a growth of 78.6% [6]

Core Viewpoint - The article discusses the increasing importance of emergency robots in disaster response and the need for advanced technology to enhance rescue operations in hazardous environments [4][5][10]. Group 1: Recent Disasters and Their Impact - A 6.8 magnitude earthquake in Tibet on January 7, 2025, affected 200,000 people, resulting in 126 deaths and direct economic losses of 8.945 billion yuan [1]. - An explosion at a biotechnology company in Taizhou on March 11, 2025, led to 8 deaths and 4 injuries due to illegal production practices [2]. - A water burst incident in a Gansu energy company resulted in the death of 3 miners, highlighting the challenges of rescue operations in deep mining environments [4]. Group 2: Technological Advancements in Emergency Response - The Ministry of Emergency Management and the Ministry of Industry and Information Technology issued guidelines to develop advanced emergency robots by 2025, focusing on enhancing their scientific, professional, and intelligent capabilities [4]. - The guidelines emphasize the need for robots to operate in extreme environments and to have capabilities such as explosion-proof structures and lightweight designs [5]. Group 3: Special Robot Applications - SevenTeng Robotics is a leader in the field of explosion-proof robots, with successful applications in high-risk environments such as oil and gas industries [7][19]. - The company’s robots are designed for rapid deployment in emergency situations, capable of performing tasks like fire extinguishing and hazardous material handling [8][13]. Group 4: Market Expansion and Future Strategies - SevenTeng Robotics plans to implement a 1+N strategy in 2025, focusing on expanding its market presence beyond traditional sectors like petrochemicals to include diverse applications in logistics, warehousing, and high-risk environments [19][24]. - The company aims to enhance the safety and efficiency of operations in non-explosion-proof areas, addressing the growing need for advanced safety measures in various industries [18][24].

Group 1 - Yijiahe Technology Co., Ltd. has launched a new generation of live working robots for the high-risk and high-intensity power industry, featuring flexible robotic arms and precise control capabilities, enabling efficient maintenance of 10kV overhead lines and towers while ensuring worker safety [1] - The E100 outdoor intelligent inspection robot is designed for various applications including power plants and petrochemical industries, capable of performing all-weather automatic inspection tasks [1][2] - The robots showcased at the event demonstrated advanced capabilities such as defect detection, status recognition, and environmental monitoring, significantly enhancing intelligent operation and maintenance management [2] Group 2 - Tianchuang Robotics has developed a new T3 series rail-mounted robot with corrosion-resistant materials and an IP66 protection rating, suitable for long-term operation in harsh environments [2][3] - The T9 explosion-proof robot from Tianchuang Robotics meets the highest explosion-proof certification (IICT6), ensuring safety in flammable and explosive environments within the energy sector [3] - The Lingrui P1 quadruped robot from Jiangsu Jianmi Intelligent Technology Co., Ltd. showcases adaptability to various terrains and is applicable in industrial inspections, emergency rescue, and logistics [3] Group 3 - Tianchuang Robotics has been innovating for over a decade, producing various types of robots including inspection robots and mobile charging robots, serving industries such as power, public utilities, and petrochemicals [4] - The event facilitated direct connections between multiple local enterprises and organizations, aiming for deeper collaboration in the future [4] - Nanjing has established a mechanism for promoting application scenarios, with ongoing efforts to accelerate the application of technological achievements and foster high-quality development in the robotics industry [4]

Core Viewpoint - The company reported a slight increase in revenue and net profit for Q1 2025, indicating stable performance despite challenges in the market [1] Financial Performance - Q1 2025 revenue reached 2.193 billion yuan, a year-on-year increase of 0.72% - The net profit attributable to shareholders was 91 million yuan, up 1.28% year-on-year - The net profit excluding non-recurring items was 82 million yuan, reflecting a year-on-year growth of 10.97% [1] Operational Analysis - The company recognized asset impairment losses totaling 78.06 million yuan in Q1 2025, primarily due to credit impairment losses of 78.04 million yuan, which impacted performance [2] - In 2024, the company achieved overseas revenue of 1.838 billion yuan, a decline of 13.91% year-on-year, but maintained a higher gross margin of 29.19% compared to 8.43 percentage points higher than domestic gross margin [2] - The company reported over 80% year-on-year growth in effective overseas orders in 2024, with total effective orders reaching a historical high [2] - The anticipated interest rate cuts in both the US and China in 2025 are expected to boost the mining machinery industry's outlook, with the company actively enhancing its international strategic layout [2] Future Prospects - The company is focused on the development and application of heavy mining equipment and special robots, aiming to improve operational efficiency and safety in mining through advanced technology [3] - A key national research project on "Intelligent Robots" has been initiated, targeting innovations in mobile heavy-duty intelligent high-altitude operation robot systems for bulk cargo handling, which is expected to broaden the application of special robots [3] Profit Forecast and Valuation - The company is projected to achieve net profits of 501 million yuan, 596 million yuan, and 721 million yuan for the years 2025 to 2027, corresponding to current price-to-earnings ratios of 41X, 34X, and 28X respectively [4] - Given the growth prospects in mining machinery exports and the promising future of special robots, the company maintains a "Buy" rating [4]