Industry Overview - The smart logistics equipment industry focuses on the intelligent movement of goods from suppliers to demanders, incorporating six basic activities: smart packaging, unloading, warehousing, transportation, distribution, and processing [2] - Smart logistics equipment integrates technologies such as perception sensors, information technology, and artificial intelligence, making it a key component of the intelligent manufacturing equipment system [2] Application Scenarios - Smart logistics equipment is primarily applied in two fields: industrial production logistics and commercial distribution logistics [3] - Industrial production logistics involves the storage and transportation of raw materials and semi-finished products within factories, enhancing production efficiency and warehouse management [3] - Commercial distribution logistics emphasizes the connection between factories, merchants, and consumers, focusing on the storage, sorting, and distribution of goods [3] Industry Development History - The smart logistics industry originated in the 1950s in the United States, evolving from automated logistics equipment to intelligent logistics systems over the decades [7] - Key milestones include the establishment of the first automated warehouse in 1962 and the transition to intelligent logistics around 2010, driven by advancements in IoT and digital technologies [7] - China's smart logistics equipment industry began developing in the early 1990s, gaining momentum with the rapid growth of manufacturing and technological upgrades [7][8] Industry Chain Analysis - The smart logistics equipment industry chain consists of upstream raw materials (components, metals, motors, etc.), midstream manufacturing (intelligent conveying, warehousing, sorting equipment), and downstream customers (manufacturers and system solution providers) [8] - The upstream market for raw materials is competitive and well-supplied, while midstream manufacturers focus on producing equipment tailored to various industry needs [11][12] Market Size and Growth - The Chinese smart logistics equipment market grew from 31.92 billion yuan in 2018 to 100.39 billion yuan in 2023, with a compound annual growth rate (CAGR) of approximately 25.76% [12] - The market is projected to reach 192.02 billion yuan by 2027, with a CAGR of 17.60% from 2023 to 2027, driven by advancements in logistics technology and industrial automation [12]

Core Viewpoint - The company, Yongli Co., Ltd. (300230), is focused on the development, manufacturing, and sales of intelligent conveying and sorting equipment, aiming to enhance operational efficiency for various industries [1] Group 1: Company Overview - Yongli's subsidiary, Shanghai Youlipu Intelligent Equipment Manufacturing Co., Ltd., specializes in intelligent conveying systems and automation solutions tailored for different application scenarios [1] - The company aims to continuously improve existing equipment to enhance customer equipment utilization and production efficiency [1] Group 2: Financial Projections - The projected revenue for 2024 is 31.0979 million yuan [1] - Currently, there are no pilot cooperation projects with leading logistics companies [1] Group 3: Clientele - The customer base includes logistics companies, airports, and manufacturing enterprises [1]

Group 1 - The company, Yongli Co., Ltd., is engaged in the manufacturing of intelligent devices, specifically focusing on intelligent conveying and sorting equipment [1] - The subsidiary, Shanghai Youlipu Intelligent Equipment Manufacturing Co., Ltd., is responsible for the research, development, manufacturing, and sales of these products, providing efficient automation integration solutions tailored to various application scenarios [1] - The company aims to improve the utilization rate and production efficiency of existing equipment for its clients, which include logistics companies, airports, and manufacturing enterprises [1] Group 2 - The projected revenue for the company in 2024 is 31.0979 million yuan [1] - Currently, the company does not have any pilot cooperation with leading logistics companies [1]

Group 1 - The company plans to acquire a 22.75% stake in Shanghai Youlipu Intelligent Equipment Manufacturing Co., Ltd. from Shanghai Zongli Enterprise Management Partnership (Limited Partnership), corresponding to a subscribed registered capital of RMB 9.75 million [1] - The company currently holds a 70% stake in Youlipu, and after the completion of this equity transfer, it will hold 92.75% of the stake [1] - Youlipu primarily engages in the production, processing, and sales of intelligent conveying equipment [1]