以下文章来源于东四十条资本 ，作者黎曼 东四十条资本 . 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 将投中网设为"星标⭐"，第一时间收获最新推送 最近冲击港股IPO的机器人企业也在大排长队。 作者丨 黎曼 来源丨 东四十条资本 机器人太火爆，阿里CEO吴泳铭个人投资的机器人也要IPO了。最近，深圳乐动机器人股份有限公司（简称"乐动机器人"）向 港交所递交招股书，拟在香港主板上市。 公司创始人是一位85后连续创业者——周伟，毕业于华中科技大学。作为一名技术极客，周伟从平衡车行业的风云人物，再到 DTOF激光雷达出货量全球第一，二次创业都妥妥证明了其天赋。 如今，乐动机器人的技术已赋能全球超600万台机器人，客户包括科沃斯、云鲸等巨头。公司背后的资本阵容也堪称豪华：华 业天成、源码资本、阿里CEO吴泳铭均下注，西藏万青投资、鹏瑞集团、深圳高新投、铭石投资、创客小镇资产投资、元璟资 本、联通中金基金、新希望集团、共创卓信等均在列。 正因为当前港股火热，2025年又是"机器人爆发年"，排队IPO的机器人企业已经大排长龙：镁伽机器人、凯乐士科技、斯坦 德机器人、宇树 ...

Core Viewpoint - Ledong Robotics Co., Ltd. has submitted its prospectus for an IPO on the Hong Kong Stock Exchange, aiming to leverage its leading position in the intelligent robotics market, particularly in visual perception technology [2][12]. Business Overview - Founded in 2017, Ledong Robotics is a full-stack intelligent robotics company focused on developing and selling visual perception products and solutions [2]. - The company launched its first-generation laser radar and simultaneous localization and mapping algorithm in 2018, followed by the world's first consumer-grade Mini DTOF radar [2]. Market Position - By 2024, the number of intelligent robots equipped with Ledong's visual perception technology reached 6 million, with seven out of the top ten global home service robot brands being its clients, indicating a near-monopoly in the market [2]. - In 2024, Ledong Robotics achieved revenue of 467.3 million RMB, making it the largest company globally focused on visual perception technology in intelligent robotics [5]. Financial Performance - From 2022 to 2024, Ledong's revenue grew from 233.8 million RMB to 467.3 million RMB, with a compound annual growth rate (CAGR) exceeding 41% [5][6]. - Despite revenue growth, the company reported net losses of 73.1 million RMB, 68.5 million RMB, and 56.5 million RMB for the years 2022, 2023, and 2024, respectively [6][8]. - The gross profit margin has declined from 27.3% in 2022 to 19.5% in 2024, reflecting increasing cost pressures [8][9]. Product Development - In 2024, Ledong Robotics capitalized on the global smart lawn mower market, launching and mass-producing smart lawn mowers with sales exceeding 10,000 units [4]. - The second generation of smart lawn mowers, which integrates AI algorithms, was produced in 2025, with total sales surpassing 15,000 units from January to May 2024 [4]. Revenue Composition - The majority of Ledong's revenue comes from visual perception products, which accounted for 1.04 billion RMB, 1.67 billion RMB, and 3.41 billion RMB from 2022 to 2024 [6][7]. - Revenue from smart lawn mowers was 23.27 million RMB in 2024, representing approximately 5% of total revenue, indicating a potential second growth curve for the company [7]. Leadership and Investment - The company is led by founder Zhou Wei, a successful entrepreneur with a background in technology and innovation [10]. - Ledong Robotics has attracted significant investment from notable firms such as Huaye Tiancheng and Yuanjing Capital, with key shareholders holding 39.61% of the total issued share capital [11].