Core Viewpoint - Shanghai Zhi Shi Intelligent Technology Co., Ltd. (referred to as "Yao Le Technology") has completed several million yuan financing, exclusively invested by Xiaomi, to enhance R&D in embodied intelligence and accelerate production capacity [4][14]. Group 1: Company Overview - Yao Le Technology focuses on flexible pressure technology, with flexible fabric tactile sensors as its core product, providing customized solutions for various industries including automotive, furniture, medical, and sports [4][6]. - It is the only domestic supplier that has passed stringent automotive-grade testing, establishing itself as a core supplier for luxury car brands [5][6]. Group 2: Technology and Innovation - The company has developed a "metal wire + sandwich matrix" flexible fabric sensor, which features high sensitivity, flexibility, and washability, enabling real-time monitoring of pressure distribution on soft surfaces [8][10]. - The sensor's design allows it to seamlessly adapt to complex surfaces, overcoming limitations of traditional rigid sensors in terms of form, flexibility, comfort, and environmental adaptability [8][10]. Group 3: Market Potential - The global smart sensor market is projected to reach $51.42 billion in 2023, with a compound annual growth rate (CAGR) of 19.0% from 2024 to 2030, indicating a significant demand for flexible sensors in various applications [7]. - Yao Le Technology's approach of using fabric materials provides natural comfort and adaptability, making it suitable for smart homes, automotive manufacturing, healthcare, and consumer electronics [7][8]. Group 4: Strategic Partnerships and Applications - The company has secured stable mass production orders in the automotive and smart home sectors and has partnered with leading robotics and wearable manufacturers to ensure robust cash flow and order reserves [13][14]. - Yao Le Technology's sensors are integrated into robotic hands and other key areas, enabling precise control and adaptability in various environments, enhancing the operational capabilities of robots [11][13]. Group 5: Investment Insights - Cloud Road Capital views Yao Le Technology's breakthroughs in flexible tactile sensing as a significant strategic advantage, recognizing its unique position as the only domestic supplier to pass automotive-grade testing [14]. - The company's ability to leverage automotive-grade technology for applications in emerging markets like embodied intelligence and healthcare creates a competitive edge and reduces costs for clients [14].