为中国智造提速、赋能 不久前，比亚迪集团董事长兼总裁王传福亲自将腾势N9的钥匙，交付给斯坦德机器人创始人兼董事长王永锟。王永锟打趣道："我们为比亚迪集团的生产 车间提供智能机器人。今天有幸成为比亚迪的车主，比亚迪也是我们的车（ROBOT）主。" 小米汽车YU7在6月27日下午开售，仅18小时锁单量便突破24万台，火爆程度可见一斑。而这一爆款车型的生产，离不开小米参与投资的工业具身智能机 器人企业——斯坦德机器人（无锡）股份有限公司（以下简称"斯坦德机器人"）。 6月23日，斯坦德机器人通过"18C章程"向港交所主板提交上市申请书，外界称其有望成为未来的"工业具身智能第一股"。 目前，这家成立于2016年的公司已成为全球多个高科技领域最大工业智能移动机器人解决方案提供商之一。在电脑、通讯及消费性电子行业，公司位居第 二；汽车行业位居第二；半导体行业位居第五。 今年以来，已有多家机器人公司向港交所发起IPO冲击。此次，斯坦德机器人也加入了这一行列，进一步扩充了行业上市大军。 招股书显示，斯坦德机器人主要提供工业智能移动机器人解决方案、工业具身智能机器人解决方案。据了解，工业智能移动机器人是在工业场景中具备自 主导 ...

小米汽车YU7在6月27日下午开售，仅18小时锁单量便突破24万台，火爆程度可见一斑。而这一爆款车型的生产，离不开小米参与投资的工业具身智能机器人 企业——斯坦德机器人（无锡）股份有限公司（以下简称"斯坦德机器人"）。 6月23日，斯坦德机器人通过"18C章程"向港交所主板提交上市申请书，外界称其有望成为未来的"工业具身智能第一股"。 目前，这家成立于2016年的公司已成为全球多个高科技领域最大工业智能移动机器人解决方案提供商之一。在电脑、通讯及消费性电子行业，公司位居第 二；汽车行业位居第二；半导体行业位居第五。 今年以来，已有多家机器人公司向港交所发起IPO冲击。此次，斯坦德机器人也加入了这一行列，进一步扩充了行业上市大军。 为中国智造提速、赋能 不久前，比亚迪集团董事长兼总裁王传福亲自将腾势N9的钥匙，交付给斯坦德机器人创始人兼董事长王永锟。王永锟打趣道："我们为比亚迪集团的生产车间 提供智能机器人。今天有幸成为比亚迪的车主，比亚迪也是我们的车（ROBOT）主。" 事实上，除了比亚迪外，数百家科技企业和智慧工厂都是斯坦德机器人的车（ROBOT）主。 这家成立不到10年的年轻公司，已将自主研发的全场景智能 ...

东四十条资本 . 以下文章来源于东四十条资本 ，作者陈美 今年以来，已有多家机器人公司向港交所发起IPO冲击，包括近段时间递交招股书的卧安机器人、仙工智能、乐动机器人、云 迹科技，以及通过港交所上市聆讯的极智嘉。此次，斯坦德机器人 也加入了这一行列，进一步扩充了行业上市大军。 一位创业者告诉我，"之所以有如此多机器人公司冲刺IPO，源于都想成为一家上市公司，即在'对的时间点'做'对的事'，站上 资本市场这一牌桌。" 机器人公司正排队IPO。 作者丨陈美 来源丨东四十条资本 具身机器人公司正加速冲刺IPO。 聚焦股权投资行业人物、事件、数据、研究、政策解读，提供专业视角和深度洞见 | 创投圈有趣的灵魂 2025年6月23日，斯坦德机器人（无锡）股份有限公司（下称斯坦德机器人）向港交所递交招股书，欲冲刺"工业具身智能第一 股"。据灼识咨询数据，截至2024年12月31日，按销量计算，斯坦德机器人是全球第五大工业智能移动机器人解决方案提供 商，也是第四大工业具身智能机器人解决方案提供商。 将投中网设为"星标⭐"，第一时间收获最新推送 招股书显示，斯坦德的SLAM技术，能够使机器人在未知环境中实时确定自身位置，精度可 ...

Core Viewpoint - Stand Robot (Wuxi) Co., Ltd. is set to go public on the Hong Kong Stock Exchange, aiming to become the first listed company in the industrial embodied intelligent robot sector in Hong Kong [1] Company Overview - Established in 2016, Stand Robot specializes in industrial intelligent mobile robot solutions, focusing on smart factories and providing a range of products including core robot technology platforms and multi-functional industrial intelligent robots [1] - The company's industrial embodied intelligent robots combine flexibility, autonomy, and high-precision operation capabilities, suitable for various work environments [1] Financial Performance - Sales figures for Stand Robot from 2022 to 2024 are projected to be 725 units, 1,212 units, and 1,932 units respectively, with 650 units shipped in the first four months of 2025 [2] - The company has served over 400 clients, with a key customer retention rate exceeding 60%, including notable clients like Xiaomi Automotive, Foxconn, and OPPO [2] - Revenue for 2022, 2023, and 2024 is reported at 96 million yuan, 162 million yuan, and 251 million yuan respectively, with a compound annual growth rate (CAGR) of 61.3%, significantly higher than the global market's CAGR of 26.8% [2] - Gross profit figures are 12.38 million yuan, 51.17 million yuan, and 97.16 million yuan for the same years, with a CAGR of 180.1% [2] - The company has reduced its losses from 127 million yuan in 2022 to 4.5 million yuan in 2024 [2] Market Position and Industry Outlook - Stand Robot is currently the fifth largest provider of industrial intelligent mobile robot solutions globally and the fourth largest in the industrial embodied intelligent robot sector by sales volume as of the end of 2024 [2] - The global market for industrial intelligent mobile robot solutions is expected to grow from 5.8 billion yuan in 2020 to 15.3 billion yuan in 2024, with a CAGR of 27.2%, and is projected to reach 81.4 billion yuan by 2029, with a CAGR of 39.8% from 2024 to 2029 [3] - The company has achieved full-stack technology development in the industry, leveraging proprietary data from real industrial scenarios [2][3] Investment and Valuation - Stand Robot has completed multiple rounds of financing, with a pre-IPO valuation of 2.1 billion yuan [3] - Key investors include Xiaomi, Bohua Capital, and Liangxi Investment, among others [3]

当地时间6月22日，特斯拉启动了Robotaxi试点运营服务，再次带动了国内T链机器人概念股。 与此同时，又有一家机器人公司正在冲刺IPO。 格隆汇获悉，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日向港交所递交了招股书，拟根据 第18C章规则寻求在港交所主板上市，由中信证券和国泰君安国际担任联席保荐人。 斯坦德机器人是一家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。 公司所处的机器人赛道前景较好，但是也同样面临定价压力，公司在产业链的话语权并不强，应收账款和销售费用率 都比较高。 01 哈工大90后校友联手创业，专注于工业智能移动机器人领域 斯坦德机器人成立于2016年，2025年5月完成股份改制；公司注册办事处位于江苏无锡，办公总部位于深圳市宝安 区。 斯坦德机器人的创始团队与执行董事均来自哈尔滨工业大学。 公司的创办人王永锟今年33岁，哈尔滨工业大学自动化本科，控制工程硕士。王永锟2016年6月加入斯坦德机器人时 担任首席技术官，2018年3月起担任执行董事、董事会董事长兼首席执行官，负责整体策略规划及营运决策。 共同创办人李洪祥也是33岁，哈尔滨工业大学 ...

Group 1 - The "Paxini Embodied Intelligence Super Data Factory" has officially commenced operations in Tianjin, marking it as the largest embodied intelligence data collection and model training base globally, aimed at addressing the scarcity of high-quality datasets in the industry [1] - The factory, covering an area of 12,000 square meters, is expected to enhance robot research and development efficiency, alleviate core industry bottlenecks, and accelerate innovation in the embodied intelligence sector, showcasing China's strategic advantage in this field [1] Group 2 - Standar Robotics has submitted its listing application to the Hong Kong Stock Exchange, with CITIC Securities and Guotai Junan International as joint sponsors [2] - As of December 31, 2024, Standar Robotics is the fifth largest provider of industrial intelligent mobile robot solutions and the fourth largest for industrial embodied intelligence robots, ranking second in both the 3C and automotive sectors, and fifth in the semiconductor industry by shipment volume [2] - A successful IPO could provide Standar Robotics with increased funding and market attention, facilitating further R&D investment, enhancing technological innovation, and expanding market share, reflecting a trend towards accelerated capitalization in China's industrial robotics sector [2] Group 3 - The Shanghai Cyberspace Administration has initiated legal actions against several AI service websites that failed to conduct safety assessments and implement necessary security measures, leading to significant safety risks [3] - Companies were found to have re-launched unsafe generative AI functions without proper safety evaluations, prompting the administration to enforce strict compliance and corrective measures [3] - This regulatory action emphasizes the importance of safety assessments in ensuring the lawful operation of generative AI services, promoting a shift towards compliance in the AI industry, which is beneficial for the ethical development of artificial intelligence [3]

Core Insights - Stand Robot has submitted its IPO application to the Hong Kong Stock Exchange, with CITIC Securities and Guotai Junan International as joint sponsors [1] - The company is a leading global provider of industrial intelligent mobile robot solutions, focusing on smart factories across various industrial scenarios [1] - Stand Robot launched its first humanoid embodiment intelligent robot, DARWIN, in May, featuring over 23 degrees of freedom and an innovative omnidirectional chassis [1] - According to Zhaoshang Consulting, Stand Robot ranks as the fifth largest provider of industrial intelligent mobile robot solutions globally by sales in 2024 [1] Company Overview - Stand Robot is recognized as one of the first companies to develop simultaneous localization and mapping (SLAM) technology and visual language action (VLA) models for industrial applications [2] - The company has a diverse customer base across various industries, particularly in high-tech sectors such as 3C, automotive, and semiconductors [2] - Major clients include manufacturers directly applying the robot solutions in their factories and system integrators who incorporate the company's products into broader automation solutions [2] Financial Performance - Stand Robot's revenue for 2022, 2023, and 2024 is projected to be approximately 96.27 million, 162 million, and 251 million RMB, respectively, with corresponding losses of 128 million, 100 million, and 45.14 million RMB [3] - The gross profit margins for the same years are expected to be 12.9%, 31.6%, and 38.8% [3] - The company plans to use the funds raised from the IPO for enhancing its core technology platform, expanding sales and service networks, developing production capabilities, and general corporate purposes [3]

6月23日，斯坦德机器人（无锡）股份有限公司（下称"斯坦德"）向港交所递交招股书，计划通过"18C 章程"在港交所主板上市，中信证券、国泰君安国际担任联席保荐人。若成功上市，斯坦德机器人有望 成为港股"工业具身智能第一股"。 招股书显示，斯坦德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，公司亦是提供工业具身智能机器人解决方案的先驱，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。客户方面，斯坦德机器人已与小米汽车、富士康、OPPO等400余家头部企业达成合作。 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，斯坦德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；按2024年出货量计算，公司为全球 多个高科技领域最大工业智能移动机器人解决方案提供商之一，在电脑、通讯及消费性电子(3C)行业位 居第二、汽车行业位居第二，以及半导体行业位居第五。 从财务数据来看，斯坦德营收呈现增长态势，从2022年的0.96亿元增至2 ...

Core Viewpoint - Stand Robot (Wuxi) Co., Ltd. has submitted an application for listing on the Hong Kong Stock Exchange, with CITIC Securities and Guotai Junan International as joint sponsors [1] Company Overview - Stand Robot is a global leader in industrial intelligent mobile robot solutions, focusing on empowering smart factories across various industrial scenarios [4] - The company is recognized as the fifth largest provider of industrial intelligent mobile robot solutions and the fourth largest provider of industrial embodied intelligent robot solutions globally, according to Zhaoshang Consulting [4] - Stand Robot has a diverse customer base, with over 400 clients, many of whom are leaders in their respective fields, particularly in high-tech industries such as 3C, automotive, and semiconductors [4][6] Technological Advancements - The company is one of the few in the industry to achieve independent research and development of full-stack technology and has pioneered proprietary operating systems for industrial intelligent robots in China [5] - Stand Robot has made significant breakthroughs in positioning, navigation, control, and perception technologies, enabling robots to operate with intelligence, efficiency, stability, and safety [5] - The company is capable of dispatching over 2,000 robots in a single simulated scenario, a feat that is uncommon in real industrial settings [5] Financial Performance - Stand Robot's revenue for the years 2022, 2023, and 2024 was approximately RMB 96.3 million, RMB 162.2 million, and RMB 251.5 million, respectively [7] - The company reported losses of approximately RMB 128 million, RMB 100.3 million, and RMB 45.1 million for the same years [7] - The gross profit for the years 2022, 2023, and 2024 was RMB 12.4 million, RMB 51.2 million, and RMB 97.2 million, respectively [8]

[Table_Title] 证券研究报告 / 港股公司报告 AI+机器人赋能"生物制药+新材料开发" [Table_Summary] 事件：根据公司公告，晶泰控股子公司收购四维医学 90%的股权，交易 对价为 2.5 亿元，且以现金方式结清。 点评 2024 年营收突破商业化门槛，亏损持续收窄，现金流储备充足 2024 年，公司实现营收 2.66 亿元（同比+52.8%），主要系智能机器人解 决方案收入同比增长 87.8%和药物发现解决方案收入同比增长 18.2%。 同时，公司已提前达成联交所对已商业化公司的收入门槛要求（2.5 亿港 元），标志着在公司步入商业化发展的新阶段。2024 年，公司实现经调整 净亏损 4.57 亿元（同比收窄 12.5%），未来随着公司营收规模持续增长， 公司有望实现扭亏为盈；截至 2024 年 12 月 31 日，公司现金储备达 31.23 亿元，如计入 2025 年 Q1 的两次配售募集所得款项净额 29.68 亿元，预 计可支持未来 10 年运营，为研发投入和业务拓展提供坚实保障。 AI+机器人赋能生命科学，合作管线实现里程碑跨越 2024 年，公司药物发现解决方案实现收入 ...