Core Viewpoint - The company, Weiyi Intelligent Manufacturing Technology Co., Ltd., has submitted an application for a mainboard listing on the Hong Kong Stock Exchange, aiming to reshape the future of manufacturing through advanced technology [1] Group 1: Company Overview - Weiyi Intelligent Manufacturing is a leading provider of embodied intelligent robots, offering flexible and intelligent EIIR products and solutions to global customers [1] - The company has developed EIIR products capable of autonomous perception, learning, decision-making, and executing complex tasks through its proprietary full-stack hardware and software system [1] Group 2: Market Position and Growth - As of 2024, the company is the largest EIIR supplier in China, with revenue from EIIR products growing from RMB 33.8 million in 2022 to RMB 271.8 million in 2024, reflecting a year-on-year growth of 237.5% and 138.2% respectively [2] - The revenue contribution from EIIR products increased from 15.3% in 2022 to 53.6% in the first half of 2025, indicating its significance as the main revenue driver [2] - The gross margin for this business line improved from 45.7% in 2022 to 54.1% in the first half of 2025, showcasing strong growth potential and profitability [2] Group 3: Business Expansion - The company is among the first globally to achieve large-scale commercialization of embodied intelligence in complex industrial scenarios, serving industries such as 3C electronics, automotive manufacturing, new energy, fast-moving consumer goods, and semiconductors [2] - Starting in 2025, the company will initiate an overseas expansion strategy targeting the European and American markets, having already served over 25 Fortune 500 and leading international companies [2] - The company is actively establishing a presence in new overseas markets, including Japan, Singapore, and Malaysia [2] Group 4: Financial Performance - The company's revenues for 2022, 2023, 2024, and the first half of 2025 were RMB 221 million, RMB 434 million, RMB 600 million, and RMB 143 million, respectively [3] - The net profits for the same periods were RMB -92.01 million, RMB -114 million, RMB 15.739 million, RMB -55.446 million, and RMB 6.684 million [3] Group 5: Use of Proceeds - The funds raised from the listing will be allocated to core technology R&D, establishing localized overseas sales and service networks, strategic investments and acquisitions, expanding production capacity, and general working capital to support business operations and growth [3]