将资源集中于更具高增长潜力、可扩展的AI产业数智化场景。 本文为IPO早知道原创 作者｜ Stone Jin 微信公众号｜ipozaozhidao 智能体端，特斯联以智能机器人及智能可穿戴设备为核心载体，自研打造HALI智能体系统，通过类 人感知、长时记忆、高维空间感知、多智能体协同等核心能力，实现机器与物理空间的交互，构建空 间智能的落地闭环。截至目前，HALI智能体系统已完成对智能奢品品牌BUTTONS旗下耳夹式耳 机、超级影音机器人等多款产品赋能，打造智能体产品生态。 从财务数据看，特斯联持续加大对研发的投入。2022至2024年，其研发费用分别达3.29亿元、 3.22亿元、3.77亿元，2025年上半年，特斯联研发投入1.62亿元，较2024年同期增长11.4%。这 种持续投入，直接转化为技术护城河的夯实——截至 2024 年底，特斯联累计专利超1800项专利， 更有三位IEEE Fellow领衔的顶尖研发团队（华先胜、邵岭、杨旸均为全球前2%顶尖科学家）， 45%的员工为研发人员，人才与技术的双重积淀，让其在AIoT赛道的技术话语权不断提升。 据IPO早知道消息，特斯联智慧科技股份有限公司（以下简 ...

智通财经APP获悉，11月25日，AIoT企业特斯联向港交所更新2025年中期财报。2025年上半年，特斯联 收入达6.32亿元，较2024年同比提升77%。得益于AI智算基础设施需求攀升，上半年AI产业数智化收入 进一步增长，达5.77亿元，较2024年上半年的1.98亿元大幅提升191.1%，成核心增长引擎。同时，特斯 联客户结构实现进一步优化，总客户数量由2024年同期的150个扩充至212个，其中AI产业数智化业务 客户由2024年的90个增加至171个。截至2025年6月30日，特斯联产品已被来自全球172座城市的900多个 客户部署，业务遍及中国、阿联酋、新加坡、澳大利亚等。 ...

Core Viewpoint - The continuous optimization of the policy environment in Hong Kong has opened up opportunities for technology companies, with Teslin seizing the moment to pursue an IPO in Hong Kong, supported by strong growth in its AI-driven business [1][3]. Group 1: Financial Performance - In 2024, Teslin achieved revenue of 1.843 billion yuan, a significant increase of 83.2% year-on-year [3]. - The compound annual growth rate (CAGR) from 2022 to 2024 reached 58%, significantly higher than the industry average, indicating efficient business expansion and operational excellence [3]. - The AI-driven digitalization business became the core growth driver, with revenue soaring from 624 million yuan in 2023 to 1.64 billion yuan in 2024, a growth rate of 162.9%, accounting for 89% of total revenue [3]. Group 2: Capital Market Recognition - In early 2025, Teslin successfully completed a D++ round of financing, raising 650 million yuan, with participation from several state-owned capital and well-known industry funds [3]. - The influx of these investors not only provided sufficient funding for Teslin's IPO ambitions but also reflected market confidence in its technological path and business model [3]. Group 3: Customer Base and Order Book - By 2024, Teslin's total customer count increased to 342, with approximately 75% coming from the digitalization business [3]. - The company reported a solid order backlog of 2.3 billion yuan by the end of 2024, laying a strong foundation for future revenue growth [3]. Group 4: Technological Advancements - Teslin focuses on "spatial intelligence" and continues to advance in three strategic directions: AIoT models, AIoT infrastructure, and AIoT intelligent agents [4]. - The launch of the upgraded OriginSYS Ultra AI building space control system provides efficient energy-saving solutions for emerging buildings, demonstrating a 15% reduction in daily energy consumption and a 20% increase in management efficiency in practical applications [4]. - The company has also iterated on its green computing body and released several optimized technology products, expanding its strategic layout from enterprise-level to consumer markets [4]. Group 5: Overall Growth Potential - The trajectory of Teslin's development, including revenue structure optimization, capital market favor, and continuous technological iteration, indicates significant growth potential for the technology company [5].