Core Insights - The China Securities Regulatory Commission has issued a notice regarding Beijing Yunji Technology Co., Ltd.'s overseas issuance and listing, indicating the company plans to issue up to 12,592,500 shares for listing on the Hong Kong Stock Exchange [1] - Yunji Technology is positioned to become the "first stock of robot service intelligent bodies" in the context of accelerating integration of artificial intelligence and robotics [1] - The company's core technology, embodied intelligent robots, operates on a dual-engine model of "embodied intelligence + disembodied intelligence," enhancing operational flexibility and efficiency [1] Data and Performance - As of the end of 2024, the company has completed over 500 million service instances, with 36,000 devices operating online, covering over 34,000 enterprise clients globally, including 34,000 hotels and 150 hospitals [2] - The data collected provides substantial training resources for AI model optimization, enabling advanced functionalities such as demand prediction and intelligent obstacle avoidance [2] - The company has received numerous awards for its technology and holds 389 invention patents, 335 utility model patents, and 255 design patents, further solidifying its technological leadership [2] Financial Performance - From 2022 to 2024, the company's revenue is projected to grow from 161 million to 245 million yuan, reflecting a compound annual growth rate of 23% [3] - The revenue for the first five months of 2024 is reported at 743 million yuan, with an 18.9% increase to 883 million yuan in the first five months of 2025, indicating effective cost structure optimization and enhanced product value [3] - The Hong Kong Stock Exchange's Chapter 18C listing rules cater to technology companies in early commercialization stages, and Yunji Technology meets the criteria for "R&D-driven" and "high growth potential" companies [3]