Core Insights - PIX Moving is developing autonomous vehicles, specifically the RoboBus, which can also function as a mobile retail space when modified [1][4][11] - The company has successfully raised funds from various investors, including venture capital firms and listed companies, with a recent B1 round of financing led by Zhejiang Merchants Venture Capital [1][4] - PIX Moving is focusing on international markets, particularly Japan and Europe, where there is a high demand for autonomous driving solutions due to labor shortages [2][4][7] Group 1: Product Development and Market Strategy - The RoboBus is designed for small-scale public transport, with a capacity of fewer than 10 passengers, and has already won the iF Design Award in Germany [5][7] - The company aims to address the global shortage of bus drivers, particularly in developed regions like Japan, where the average age of bus drivers exceeds 53 years [4][11] - PIX Moving's strategy includes expanding its product offerings to meet diverse market needs, including autonomous retail and cleaning vehicles [8][11] Group 2: Technological Innovation and Manufacturing - The company utilizes advanced manufacturing techniques, including large-scale metal 3D printing and modular design, to reduce production costs and time [9][12] - PIX Moving's technology allows for flexible manufacturing, enabling the rapid adaptation of products to meet specific market demands [9][12] - The company has filed over 200 patents related to its manufacturing processes and autonomous vehicle technology since its establishment in 2017 [9] Group 3: Market Expansion and Localization - PIX Moving has been actively establishing a presence in Japan since 2018, focusing on building relationships and understanding local market needs [13][14] - The company has set up a subsidiary in Japan and is expanding its local team to enhance collaboration and trust with Japanese partners [16][17] - To facilitate communication and cultural integration, PIX Moving employs AI technology to streamline knowledge sharing among its international teams [16][17]

证券研究报告 侨银股份 (002973 CH) 24 年业绩符合预期，布局智慧城市机 器人领域 | 华泰研究 | | | 更新报告 | | --- | --- | --- | --- | | 2025 年 | 5 月 | 04 日│中国内地 | 废物管理 | 侨银股份公布业绩：2024 年实现营收 39.14 亿元（yoy-0.74%），归母净利 2.89 亿元（yoy-8.71%），基本符合我们预期（2.94 亿）；1Q25 实现营收 9.36 亿元（yoy-4.32%），归母净利 0.68 亿元（yoy-29.73%），低于我们预期 （0.91-1.01 亿元），主要系收入低于预期、1Q24 坏账准备转回所致。公司 新签合同年化金额保持增长，持续布局环卫机器人领域，完善智慧环卫生态 体系，维持"买入"评级。 拓展 6 个重点城市，物业和人工智能等多领域实现突破 截至 2024 年末，公司在手待执行订单总额达 420 亿元。2024 年新进入 6 个重点城市，在物业、人工智能装备、科技服务、再生资源循环利用等领域 实现突破性发展。公司作为中国城市管理服务领军企业，业务布局全国，品 牌和规模优势显著，待执行合 ...