在此赛道红利释放的关键节点，国内工业智能机器人领域的核心玩家——斯坦德机器人(无锡)股份有限公司(简称"斯坦德")于2026年1月4日向港交所主板递 交上市申请，中信证券(香港)、国泰君安国际担任联席保荐人。该公司曾于2025年6月23日递表港交所。 工业智能化升级浪潮下，工业智能机器人尤其是工业具身智能赛道正迎来高速增长。作为AI技术落地智能制造、高端制造领域的核心载体，该赛道受益于 3C电子、汽车、半导体等下游行业的自动化需求激增，叠加AGI技术突破带来的"单机智能向群体智能"跃迁机遇。据灼识咨询数据，全球工业具身智能机器 人解决方案市场规模于2024年达到14亿元(人民币，下同)，预计2029年将进一步增至152亿元，成为智能制造升级的"增量引擎"。 工业智能移动机器人解决方案领军企业 招股书显示，斯坦德为工业智能移动机器人解决方案的领导者，致力于赋能多种工业场景中的智慧工厂。公司亦是提供工业具身智能机器人解决方案的先行 者。公司可量身定制整合技术平台、智能机器人及智能协同系统的一站式机器人解决方案。 据灼识谘咨询的资料，截至2024年12月31日的年度，按销量计算，斯坦德为中国四大工业智能移动机器人解 ...

智通财经APP获悉，斯坦德机器人(无锡)股份有限公司(简称：斯坦德机器人)于6月23日所递交的港股招股书满6个月，于12月23日失效，递表时中信证券、 国泰君安国际为其联席保荐人。 据此前招股书，斯坦德机器人为全球领先的工业智能移动机器人解决方案提供商，致力于赋能多种工业场景中的智慧工厂。同时，亦是提供工业具身智能机 器人解决方案的先驱。该公司可量身订制的一站式机器人解决方案包括核心机器人技术平台、多功能工业智能机器人产品系列以及all-in-one智能协同系统 RoboVerse。根据灼识咨询的资料，截至2024年12月31日的年度，按销量计算，该集团为全球第五大工业智能移动机器人解决方案提供商及第四大工业具身 智能机器人解决方案提供商。 ...

转自：港湾商业观察 《港湾商业观察》施子夫 9月26日，合肥优艾智合机器人股份有限公司（以下简称，优艾智合）向港交所递交招股说明书，计划 通过18C章程在港交所主板挂牌上市，中金公司担任独家保荐人。 近期，优艾智合收到证监会下发的境外上市的备案反馈意见，监管层要求公司补充说明：股权变动及工 商登记、数据安全与个人信息保护、AI大模型备案情况、境外上市合规性、新增股东关联性、募集资 金用途及股份权利瑕疵在内的七大事项。 1 持续亏损超8亿，毛利率不断向好 天眼查显示，优艾智合成立于2017年，作为一家工业具身智能科技公司，致力于通过移动操作机器人驱 动全球工业客户智能化变革，实现稳定、柔性、高效的生产。公司为半导体、能源化工、锂电池、3C 及其他制造、公用事业等众多行业提供"一脑多态"工业具身智能机器人解决方案，包含高泛化智能模型 以及具备感知、移动、操作能力的多形态机器人。 据了解，具身智能机器人是指将人工智能（AI）融入到具有物理身体的机器人实体中，使其能够像人 类一样感知、学习并与物理环境进行动态交互，从而产生智能行为和适应性。 传统的AI更多是在数字世界中处理数据，进行推理和决策，例如计算机视觉软件、对 ...

Core Viewpoint - Hefei Youai Zhihui Robot Co., Ltd. (Youai Zhihui) has submitted its listing application to the Hong Kong Stock Exchange, with China International Capital Corporation (CICC) as the sole sponsor [1] Company Overview - Youai Zhihui is a global leader in industrial embodied intelligence technology, focusing on mobile operational robots to drive intelligent transformation for industrial clients, achieving stable, flexible, and efficient production [4] - The company provides "one brain, multiple forms" embodied intelligent robot solutions across various industries, including semiconductors, energy and chemicals, and 3C manufacturing [4] - As of September 22, 2025, Youai Zhihui's solutions have been sold in over 30 countries and regions, with notable clients including leading semiconductor foundries and major energy groups [4] Market Position - Youai Zhihui ranks first globally in industrial mobile operational robots by revenue for 2024, and it is the top player in China's semiconductor industry and second in the energy and chemical sectors [5] Financial Performance - The company reported revenues of RMB 77.896 million, RMB 108.671 million, RMB 254.892 million, and RMB 126.992 million for the years 2022, 2023, 2024, and the first half of 2025, respectively [5][6] - The corresponding losses for the same periods were RMB 235.336 million, RMB 259.994 million, RMB 200.216 million, and RMB 139.893 million [5][6] - The gross profit margins improved from 11.2% in 2022 to 38.1% in 2025, indicating a positive trend in profitability [6]

Core Viewpoint - Hefei Youai Zhihui Robot Co., Ltd. has submitted its listing application to the Hong Kong Stock Exchange to raise funds for advancing its embodied intelligence technology and enhancing R&D capabilities to maintain its technological leadership [2] Group 1: Company Overview - Youai Zhihui is a global leader in industrial embodied intelligence technology, focusing on mobile robotic solutions to drive intelligent transformation for industrial clients [2][3] - The company provides "one brain, multiple forms" embodied intelligence robotic solutions across various industries, including semiconductors, energy and chemicals, lithium batteries, 3C, and public utilities [2] - As of the last feasible date, Youai Zhihui's solutions have been sold in over 30 countries and regions, including China, Japan, South Korea, and Germany, serving numerous well-known enterprises [2] Group 2: Market Position - According to Frost & Sullivan, Youai Zhihui is a pioneer and leader in global industrial embodied intelligence, achieving sales of embodied intelligence products as early as 2017 [3] - The company ranks first globally in industrial mobile robotics by revenue for 2024 and holds the top position in China's semiconductor industry and second in the energy and chemical sectors [3] Group 3: Financial Performance - The company's revenue for the years 2022, 2023, and 2024, as well as for the six months ending June 30, 2024, and 2025, are reported as RMB 77.9 million, RMB 107.7 million, RMB 254.9 million, RMB 99.6 million, and RMB 127 million respectively [5][6] - Youai Zhihui offers customized solutions to enhance production efficiency and facility safety in various industrial scenarios, with significant applications in industrial logistics and inspection operations [6] Group 4: Service Model - The company tailors solutions based on client needs, ensuring efficient integration of robots into operations, and provides necessary training and ongoing technical support during the warranty period [7] - As of June 30, 2025, Youai Zhihui's solutions have been provided to over 300 leading enterprises across multiple industries, including semiconductors, energy and chemicals, lithium batteries, and public utilities [7]

香港聯合交易所有限公司與證券及期貨事務監察委員會對本申請版本的內容概不負責，對其準確性 或完整性亦不發表任何意見，並明確表示概不就因本申請版本全部或任何部分內容而產生或因倚賴 該等內容而引致的任何損失承擔任何責任。 Hefei Youibot Robotics Co., Ltd.* 合肥優艾智合機器人股份有限公司 （「本公司」） （於中華人民共和國註冊成立的股份有限公司） 的申請版本 警 告 本申請版本乃根據香港聯合交易所有限公司（「聯交所」）及證券及期貨事務監察委員會（「證監會」） 的要求而刊發，僅用作提供資訊予香港公眾人士。 本申請版本為草擬本，其內所載資料並不完整，亦可能會作出重大變動。 閣下閱覽本文件， 即代表 閣下知悉、接納並向本公司、其獨家保薦人、整體協調人、顧問或包銷團成員表示同意： 倘在適當時候向香港公眾人士提出要約或邀請，有意投資者務請僅依據於香港公司註冊處處長 註冊的本公司招股章程作出投資決定。該文件的文本將於發售期內向公眾人士刊發。 * 僅供識別 (a) 本文件僅為向香港公眾人士提供有關本公司的資料，概無任何其他目的。投資者不應根據 本文件所載資料作出任何投資決定； (b) 在聯交所網站 ...

Group 1 - The China Securities Regulatory Commission (CSRC) has requested additional documentation from Stand for its overseas listing application, focusing on past capital increases and share transfers, including pricing and compliance issues [1] - Stand has submitted its listing application to the Hong Kong Stock Exchange, with CITIC Securities and Guotai Junan International as joint sponsors [1] - The CSRC is also seeking clarification on the legality of the company's establishment and share changes, as well as the progress of foreign exchange registration related to its capital increase in May 2025 [1] Group 2 - Stand is a leading global provider of industrial intelligent mobile robot solutions, aiming to empower smart factories across various industrial scenarios [2] - The company is recognized as the fifth largest provider of industrial intelligent mobile robot solutions and the fourth largest for industrial embodied intelligent robot solutions by sales volume as of December 31, 2024 [2] - Stand's solutions have been adopted by over 400 global clients, many of whom are leaders in their respective fields [2]

Group 1 - The China Securities Regulatory Commission (CSRC) has requested additional information from Stand for its overseas listing application, focusing on past capital increases and share transfers, including pricing and compliance issues [1] - Stand has submitted its listing application to the Hong Kong Stock Exchange, with CITIC Securities and Guotai Junan International as joint sponsors [1] - The CSRC is also seeking clarification on the legitimacy of the company's establishment and share changes, as well as the progress of foreign exchange registration related to its capital increase in May 2025 [1] Group 2 - Stand is a leading global provider of industrial intelligent mobile robot solutions, aiming to empower smart factories across various industrial scenarios [2] - The company is recognized as the fifth largest provider of industrial intelligent mobile robot solutions and the fourth largest for embodied intelligent robot solutions by sales volume as of December 31, 2024 [2] - Stand's solutions have been adopted by over 400 global clients, many of whom are leaders in their respective fields [2]

Core Insights - The article highlights the successful launch of Xiaomi's YU7 electric vehicle, which achieved over 240,000 orders within 18 hours, showcasing its popularity and the role of Stand Robot in its production [1] - Stand Robot has submitted its IPO application to the Hong Kong Stock Exchange, aiming to become the first publicly listed company in the industrial embodied intelligence sector [1][3] - The company has established itself as a leading provider of industrial intelligent mobile robot solutions, ranking second in the computer, communication, and consumer electronics sectors, and second in the automotive industry [1][4] Company Overview - Founded in 2016, Stand Robot has quickly become a major player in the industrial robotics market, providing solutions to over 400 technology companies and smart factories, including major automotive manufacturers like BYD, Toyota, and NIO [3][4] - The company focuses on customer-centric market entry strategies, primarily in the 3C, automotive, and semiconductor sectors [3][4] Product and Technology - Stand Robot offers industrial intelligent mobile robots capable of autonomous navigation, path planning, and material handling, as well as industrial embodied intelligent robots that combine mobility with high-precision operation [4][6] - The company's core solution philosophy is encapsulated in the formula "1 + N + S = ∞", which includes a core technology platform, multifunctional robots, and a collaborative system, enabling extensive customization for various industrial scenarios [7][10] Market Position and Growth - As of 2024, Stand Robot is the fifth largest provider of industrial intelligent mobile robot solutions globally, with a market share of 3.2%, and the fourth largest in the embodied intelligent robot sector [4][9] - The company has demonstrated significant growth in robot sales, with figures of 725 units in 2022, 1,212 units in 2023, and a projected 1,932 units in 2024 [10] Strategic Development - Stand Robot has strategically positioned itself in the Yangtze River Delta and the Greater Bay Area, leveraging local resources for rapid growth and technological advancement [12][14] - The company has received substantial investment, including a significant stake from Xiaomi, which holds 8.40% of Stand Robot's shares [13] Future Outlook - Following its potential IPO in Hong Kong, Stand Robot aims to use this platform to expand its reach to overseas clients and enhance its global service offerings [15]

Core Viewpoint - The article highlights the rapid growth and market potential of Stand Robot, a company specializing in industrial intelligent robots, particularly in the automotive sector, and its upcoming IPO in Hong Kong, which is expected to position it as a leader in the industry [2][3][17]. Group 1: Company Overview - Stand Robot, founded in 2016, has become one of the largest providers of industrial intelligent mobile robot solutions globally, ranking second in the computer, communications, and consumer electronics sectors, and second in the automotive industry [2]. - The company has embedded its intelligent manufacturing solutions in over 400 technology enterprises, including major automotive manufacturers like BYD, Toyota, and NIO, significantly enhancing factory automation [5][6]. Group 2: Market Strategy and Product Offering - Stand Robot employs a customer-centric market entry strategy, focusing on sectors such as 3C, automotive, and semiconductors, offering tailored industrial intelligent mobile robot solutions [6]. - The company's solutions include industrial intelligent mobile robots capable of autonomous navigation and material handling, and industrial embodied intelligent robots that combine mobility with high-precision operation capabilities [6][9]. Group 3: Technological Innovation - The core philosophy of Stand Robot's solutions is encapsulated in the formula "1 + N + S = ∞", which represents a core technology platform, multiple functional robot products, and an all-in-one intelligent collaboration system [9][11]. - Stand Robot is recognized as the first company in China to implement a world model and collaborative intelligence in industrial robot systems, capable of coordinating over 2000 robots in a single simulated environment [11]. Group 4: Financial and Investment Highlights - Stand Robot has attracted significant investment, with Xiaomi holding an 8.40% stake as of June 2025, marking it as a key shareholder [15]. - The company has shown impressive sales growth, with robot sales increasing from 725 units in 2022 to a projected 1932 units in 2024, and a total of 650 units sold in the first four months of this year [11]. Group 5: Strategic Positioning and Future Outlook - Stand Robot is strategically positioned in the Yangtze River Delta and the Greater Bay Area, leveraging local resources for growth and expansion [13][16]. - The upcoming IPO in Hong Kong is expected to serve as a strategic platform for Stand Robot to reach overseas clients and enhance its global market presence [17].