一句话趋势：机器人赛道投资火热，医疗器械投资备受青睐。 | 副书 | 2025年9月22日-9月28日 国内一级市场投融资领域分布 | | | --- | --- | --- | | 领域 | 案例数(起) | 已披露金额(元) | | 先进制造 | 9 | 超5.4亿 | | 机器人 | 5 | 14.69亿 | | | 次： 教福由21创投根据公开报道整理 | | 本周融资数量最多的行业领域仍是科技与制造。在三大行业领域的诸多赛道中，先进制造赛道完成9笔 融资，融资金额超5.4亿元人民币；机器人赛道完成5笔融资，披露的融资额约合14.69亿元人民币。 02、江苏省、广东省和浙江省完成多笔融资 过去一周披露的投融资案例显示，科技与制造行业仍然是资本关注的重点，机器人赛道依旧备受青睐。 本周，泉智博宣布连续完成两轮过亿元融资，其中，A轮融资由光速光合与京国瑞、首程控股联合管理 的北京机器人产业发展投资基金联合领投，道禾资本跟投，Pre-A+轮投资人为猎鹰投资旗下星奇基金、 英诺天使基金与天启资本。 医疗健康领域，医疗器械投融资表现稳健，大额融资方面，本周苏州铼赛智能科技有限公司宣布完成数 千万元Pre-B轮融 ...

受益于全球城市化加快，以及住宅建筑、酒店、学校及其他商业场所数量增加所带动，近年来全球泳池 数量持续增长。数据显示，截至去年底全球泳池总数约为3290万个，预计到2029年将增加至3930万个， 对应年复合增长率为3.6%。泳池文化持续渗透进普罗大众日常生活中，这也使得相应的泳池清洁支出 水涨船高。2024年，全球泳池清洁支出约为129亿美元，预计至2029年将进一步增加至167亿美元，对应 期间复合年增长率为5.3%。 值市场蓬勃发展之际，泳池清洁机器人作为同时呼应市场不断增长的需求，以及家庭物联网设备普及和 人工智能技术兴起的产品，受到了消费者的青睐。2019年-2024年，全球泳池清洁机器人市场规模由12 亿美元增加至24.82亿美元，对应复合年增长率高达15.7%，预计至2029年将继续扩容至42.11亿美元。 搭上行业发展的"快车"，日前，主营业务为泳池清洁机器人的天津望圆智能科技股份有限公司(以下简 称"望圆科技")向港交所递交了上市申请。招股书显示，按2024年自制产品的出货量计算，望圆科技是 全球排名第三、国内排名第一的泳池清洁机器人供应商，拥有配备最先进泳池清洁技术的最全面的产品 组合。 泳 ...

Core Insights - The global pool market is experiencing growth due to urbanization and increased demand for residential and commercial pools, with the total number of pools expected to rise from approximately 32.9 million in 2022 to 39.3 million by 2029, representing a compound annual growth rate (CAGR) of 3.6% [1] - The global pool cleaning expenditure is projected to increase from $12.9 billion in 2024 to $16.7 billion by 2029, with a CAGR of 5.3% [1] - The pool cleaning robot market is expanding rapidly, with its size expected to grow from $1.2 billion in 2019 to $2.482 billion in 2024, reflecting a CAGR of 15.7%, and further to $4.211 billion by 2029 [3] Company Overview - Tianjin Wangyuan Intelligent Technology Co., Ltd. (Wangyuan Technology) is the third-largest global supplier and the largest domestic supplier of pool cleaning robots, with a comprehensive product lineup featuring advanced cleaning technology [3] - Wangyuan Technology has a history of innovation, having developed its first pool cleaning robot in 2005 and introducing various product advancements over the years, including lightweight, cable-free, and AI-driven models [4] Financial Performance - Wangyuan Technology's revenue has shown consistent growth, with figures of RMB 318 million in 2022, RMB 378 million in 2023, and projected RMB 544 million in 2024, indicating an acceleration in growth [4] - The company's revenue from brand product sales has become a significant contributor, rising from RMB 19.1 million in 2022 to RMB 393.3 million in 2024, with a share of 72.4% of total revenue [5] - The gross profit margin has improved from 53.4% in 2022 to 65.2% in the first half of 2025, while net profit peaked in 2022 at RMB 97.9 million [6] Market Dynamics - The global pool cleaning robot market is highly concentrated, with the US and Europe accounting for approximately 80% of the market share in 2024, despite representing only 10% of the global population [7] - Emerging markets, particularly China, are expected to see significant growth, with a projected CAGR of 22.3% from 2019 to 2024, outpacing global growth rates [10] - Wangyuan Technology's market share is 9.2%, placing it third among the top five manufacturers, which collectively hold a 74.9% market share [8] Future Outlook - The entry of Wangyuan Technology into the Hong Kong stock market may enhance its market visibility and open new sales channels, potentially increasing its influence in the global market [12]

"我们目前正在尝试减少中间环节，直接面向消费者销售。"龚颖告诉第一财经记者。此前，iGarden主要依赖与当地泳池安装方等B端企业合作的模式进入海 外市场，对渠道的依赖带来成本和议价上的压力。"转向直面消费者虽然能够更好地把握用户需求，但也对售后服务、物流体系和本土化运营也提出了更高 要求。" 面对新的市场，对于中国泳池清洁机器人品牌来说，打开海外本土的知名度只是第一步，通过技术获得产品优势、完善销售渠道是更重要的事情。"泳池清 洁机器人要把技术栈真正打磨好并不容易。"龚颖表示，就目前的技术发展情况，水下可用的传感器非常有限，且续航问题一直以来是行业痛点。"这背后并 非单点技术突破，而是整个技术体系的综合迭代。" 借运动赛事出海，打开海外本土知名度，已成为不少中国品牌出海的常见路径。中国泳池清洁机器人品牌Aiper曾经和Sydney Sixers（悉尼六人队，澳大利 亚板球队）达成合作；iGarden也在今年获得了法国西方汽车俱乐部（ACO）的认证，成为勒芒24小时耐力赛官方合作伙伴。 根据国际数据公司（IDC）发布数据，2025上半年全球泳池机器人出货93.3万台，同比增长18.7%。当前全球泳池数量接近3 ...

Core Viewpoint - The pool cleaning robot sector is gaining significant attention from the capital market, with Tianjin Wangyuan Intelligent Technology Co., Ltd. applying for a listing on the Hong Kong Stock Exchange, aiming to become the first publicly listed company in China focused on pool cleaning robots [1][3]. Industry Overview - The global pool robot market is projected to grow from USD 980 million in 2024 to USD 1.94 billion by 2029, with a compound annual growth rate (CAGR) of 14.7% [1]. - The market in China is transitioning from a niche to a consumer-grade market, indicating increasing demand and potential for growth [1]. Company Performance - Wangyuan Technology is the largest supplier of pool cleaning robots in China and ranks among the top three globally for cordless pool cleaning robots [1]. - The company's revenue increased from RMB 317.694 million in 2022 to RMB 543.535 million in 2024, with a 42% year-on-year growth in the first half of 2025 [7][9]. - Gross profit margin improved from 53.4% in 2022 to 65.2% in the first half of 2025, while net profit margin decreased from 30.8% in 2022 to 16.1% in the first half of 2025 [7][8]. Business Strategy - The company is shifting from OEM production to its own brand products, which has contributed to the increase in gross profit margin but has also led to a decline in net profit margin [8]. - In 2024, sales from branded products accounted for 72.4% of total revenue, up from 6.0% in 2022 [8][9]. Market Dynamics - The pool cleaning robot market is seeing increased activity from various companies, with significant investments being made, such as Beatbot's recent RMB 1 billion financing round [11]. - The market is characterized by a strong export focus, with over 97% of Wangyuan's products sold internationally across 60 countries [9]. Future Outlook - The increasing number of private pools globally, estimated at over 28 million, is driving demand for pool cleaning robots, particularly in developed markets like the U.S. [12]. - Companies are beginning to explore domestic market opportunities in China, with brands like iGarden planning to expand their presence [12].

Core Viewpoint - The pool cleaning robot sector is gaining significant attention from the capital market, with Tianjin Wangyuan Intelligent Technology Co., Ltd. aiming to become the first publicly listed company in China focused on this niche [1]. Market Overview - Wangyuan Technology is the largest supplier of pool cleaning robots in China and the world's largest supplier of cordless pool cleaning robots, ranking among the top three globally [1]. - The global pool robot market is projected to grow from USD 980 million in 2024 to USD 1.94 billion by 2029, with a compound annual growth rate (CAGR) of 14.7% [1]. Company Financials - Wangyuan Technology's revenue increased from RMB 317.694 million in 2022 to RMB 543.535 million in 2024, with a further rise to RMB 379.167 million in the first half of 2025, reflecting a year-on-year growth of 42% [9]. - The gross profit margin improved from 53.4% in 2022 to 65.2% in the first half of 2025, while the net profit margin decreased from 30.8% in 2022 to 16.1% in the first half of 2025 [9][11]. Business Model Shift - The company is transitioning from OEM (Original Equipment Manufacturer) to its own brand products, with brand product sales increasing from 6.0% of total revenue in 2022 to 86.4% in the first half of 2025 [11]. - Sales costs rose from RMB 148 million in 2022 to RMB 228 million in 2024, indicating a significant increase in operational costs [11]. Market Expansion - Wangyuan Technology primarily exports over 97% of its products to more than 60 countries and regions [12]. - The domestic market for pool cleaning robots is expanding, with companies like iGarden entering the market and targeting Chinese consumers [15][16]. Investment Activity - Recent financing activities in the sector include a RMB 1 billion round for the pool cleaning robot brand Beatbot, indicating strong investor interest [14][15]. - The increasing number of private pools globally, estimated at over 28 million, is driving demand for pool cleaning solutions [15].

（原标题：望圆科技递表港交所，冲刺中国泳池机器人第一股） 21世纪经济报道记者 吴立洋 高江虹 泳池机器人赛道正被资本市场所重视。 9月28日，天津望圆智能科技股份有限公司正式向港交所主板递交上市申请书，中信建投国际担任独家保荐人。这家以泳池清洁机器人为核心业务 的企业，正冲刺"中国泳池机器人第一股"。 据灼识咨询报告，按2024年自制产品出货量计算，公司不仅是中国排名第一的泳池清洁机器人供应商，更是全球最大的无缆泳池清洁机器人供应 商，位居全球前三。 近期相关企业也越来越活跃。9月23日，泳池清洁机器人品牌星迈创新Beatbot宣布完成新一轮10亿元人民币的融资；出海大卖的菲亚兰德集团旗 下的iGarden品牌也在试水国内市场。The Business Research数据显示，2024年全球泳池机器人市场规模已达9.8亿美元，预计至2029年将攀升至19.4 亿美元，年复合增长率达14.7%。 综合来看，泳池机器人在国内正从小众市场步入消费级市场。 转战港股 值得注意的是，此前望圆科技曾计划登陆深市主板，但在被中信建投一实习生在社交平台分享其实习经历，泄露包括望圆科技等3家公司的IPO材 料后，其于202 ...

Core Viewpoint - Wangyuan Technology has submitted a listing application to the Hong Kong Stock Exchange, with CITIC Securities International as the sole sponsor [1] Company Overview - Wangyuan Technology specializes in the research, design, production, and marketing of pool cleaning robots, positioning itself as a global player in the industry [1] - According to a report by Zhaoshang Consulting, Wangyuan Technology is the largest pool cleaning robot supplier in China and ranks among the top three globally based on the projected shipment volume of self-manufactured products in 2024 [1] - The company offers a comprehensive product portfolio with 48 major models as of September 22, 2025, making it the most extensive in the world [1] Technology and Product Features - The pool cleaning robots utilize artificial intelligence-driven technologies, including precise underwater acoustic positioning, underwater AI vision, underwater 3D modeling, autonomous navigation, and automatic waste collection [1] - Wangyuan Technology's products have been exported to 60 countries and regions worldwide, categorized into entry-level, high-end, flagship, and pioneer levels based on automation and application complexity [1]

据港交所9月28日披露，天津望圆环保科技有限公司(简称：望圆科技)向港交所主板提交上市申请书，中信建投 （601066）国际为独家保荐人。 招股书显示，望圆科技是一家快速成长的全球领军企业，在泳池清洁机器人的研发、设计、生产及营销领域拥有强大的 品牌价值。根据灼识咨询报告，按2024年自制产品的出货量计，公司是全球排名前三、中国排名第一的泳池清洁机器人 供应商，拥有配备最先进泳池清洁技术的最全面的产品组合。按2024年自制产品的出货量计，公司亦为无缆泳池清洁机 器人的开创者及全球最大的供应商。 望圆科技研发、设计、生产及营销泳池清洁机器人，并与世界知名泳池设备品牌合作，以满足全球消费者不断变化的泳 池清洁及养护需求。公司的全套泳池清洁机器人包括无缆、有缆及手持式型号，主要在池底、池壁或泳池水面进行清 洁。 根据灼识咨询报告，望圆科技拥有全球最全面的泳池清洁机器人产品组合，截至2025年9月22日拥有48种主要型号。凭借 创新的人工智能驱动技术，公司推出了具有精确水下声学定位、水下人工智能视觉、水下3D建模、自主导航功能及自动 垃圾回收技术的智能机器人产品，能够以最少的人为干预成本高效及精确地执行复杂的泳池清洁 ...

智通财经APP获悉，据港交所9月28日披露，天津望圆环保科技有限公司(简称：望圆科技)向港交所主板提交上市申请 书，中信建投国际为独家保荐人。 业绩方面，2022年、2023年、2024年及2025年截至6月30日止六个月，望圆科技实现收入分别约为3.18亿元、3.78亿元、 5.44亿元及3.79亿元人民币;同期，年内/期内利润约为9791.5万元、6084.9万元、7051万元及6108.3万元人民币。 | | | | 截至12月31日止年度 | | | | | 截至6月30日止六個月 | | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | 2022年 | | 2023年 | | 2024年 | | 2024年 | | 2025年 | | | | | 人民幣 - - % - 人民幣 - - | | ਤਕ | 人民幣 | Company of the company of the county of | 人民幣 > > % > | | 人民幣 | 90 | | | | | | | (人民幣千元,百分比除外) ...