Core Insights - Anlan Power Technology (Shenzhen) Co., Ltd. has recently completed a million-level angel+ round financing, marking its second round of financing within six months, indicating strong investor confidence in the company and its market potential [4][6]. Financing Information - Financing Round: Angel+ Round [6] - Financing Amount: Million-level [6] - Investors: HKX, Clear Water Bay Phase II Fund, and Runxing Investment [6] - Fund Utilization: Focused on iterative R&D and testing of product prototypes and team talent enhancement [6]. Company Overview - Established: May 2024, incubated at Shenzhen Science and Technology Innovation Academy [8] - Location: Nanshan District, Shenzhen [8] - Positioning: Specializes in the electrification and intelligent development of recreational boats, aiming to provide environmentally friendly and user-friendly electric smart jet ski products [8]. Technological Highlights - Core Technology: Focus on electrification and intelligence, integrating electric power, connectivity, and innovative design to enhance user experience [8]. - First Product: ANAVI CARBON, featuring a 70kW electric drive system and a 26kWh battery, achieving a maximum speed of 110 km/h and a range of 80 km [8]. - Advantages: Low noise (below 65 decibels), zero emissions, and reduced maintenance costs, saving users over $1,000 annually [8]. Market Potential - Market Size: The global recreational boat market is projected to be between $42 billion and $46 billion from 2023 to 2025, expected to exceed $50 billion by 2030 [12]. - Market Share: The U.S. accounts for over 40% of the global market, with electric and hybrid boats' penetration in mature markets nearing 9%, projected to exceed 20% by 2030 [12]. Team Background - Founder and CEO: Li An, with over 15 years of experience in boat design, manufacturing, and water sports, previously worked at a leading electric propulsion supplier [14]. - Core Team: Composed of members from renowned universities, with expertise in mass production boat design and electric vehicle technology [14]. Strategic Insights - Market Entry: The choice to focus on jet skis is based on market demand, with annual new jet ski sales around 200,000 units and a total of 2.8 million units in circulation [16]. - Business Model: High consumer demand for personal watercraft offers significant profit potential, with 90% of sales directed at individual users who value driving experience and design [16]. R&D Progress - Current Focus: Three main R&D areas include hardware collaboration, perception and algorithm development, and interactive software systems [20]. - Testing Phases: The company has completed full-size EVT prototype testing and is in the DVT phase, with plans for PVT to begin mid-next year [21].

Financing Information - Anlan Power Technology (Shenzhen) Co., Ltd. has completed a Series A+ financing round, raising tens of millions of yuan, marking its second financing round within six months [1] - Investors include Hong Kong X Technology Fund (HKX), Clearwater Bay Phase II Fund, and Renxing Investment [1] - The funds will primarily be used for the iterative research and development of product prototypes and team talent enhancement [1] Company Overview - Established in May 2024, Anlan Power is based in Nanshan District, Shenzhen [1] - The company focuses on the electrification and intelligent development of recreational boats, aiming to provide environmentally friendly and user-friendly electric smart jet ski products [1] - Anlan Power's technology framework integrates electric and intelligent systems to address pain points in traditional fuel-powered jet skis, enhancing user experience [1] Product Highlights - The first product, ANAVI CARBON, features a 70kW electric drive system and a 26kWh battery, achieving a maximum speed of 110 km/h and a range of 80 km [2] - The electric drive solution offers advantages such as low noise (below 65 decibels), zero emissions, and reduced maintenance costs, saving users over $1,000 annually [2] - ANAVI CARBON includes smart features like collision avoidance, emergency collision avoidance, and remote control via a mobile app [2] Market Potential - The global recreational boat market is projected to reach between $42 billion and $46 billion from 2023 to 2025, with expectations to exceed $50 billion by 2030 [4] - The U.S. accounts for over 40% of the global market, with electric and hybrid boats' penetration in mature markets nearing 9%, expected to rise to over 20% by 2030 [4] Leadership and Team - The founder and CEO, Li An, has over 15 years of experience in boat design, manufacturing, and water sports, previously working at a leading electric propulsion equipment supplier [5] - The core team comprises members from renowned universities with expertise in mass production boat design, electric vehicle technology, and robotics [5] Strategic Insights - The choice to enter the recreational boat market with jet skis is based on market analysis, considering the manageable size and production costs of jet skis [6] - The global annual increase in jet ski sales is approximately 200,000 units, with a total ownership of 2.8 million units, indicating a significant demand base [6] - The business model targets individual consumers, who are willing to pay more for enhanced driving experiences and brand value, providing higher profit potential [6] R&D Focus - The company is concentrating on three R&D areas: hardware collaboration, perception and algorithm development, and interactive software systems [9] - Challenges include ensuring quality consistency, assembly efficiency, and supply chain management during mass production [9] - The company plans to conduct design verification testing (DVT) and production verification testing (PVT) in the coming year to ensure product reliability and maturity [10]