Core Insights - Kandi Technologies Group announced the completion of key functional modules for the "smart delivery robot solution" developed in collaboration with Hangzhou Yundeshuchu Technology, marking a significant step towards pilot and commercialization phases [1][6] Company Overview - The smart delivery robot is designed for scenarios with access control, such as residential communities and office buildings, featuring a proprietary delivery box and integrated hardware and software system [3] - The operational process involves the courier selecting the robot and entering the delivery address, with the robot guiding the recipient through barcode verification and voice interaction [3] Industry Trends - The global robotics industry has accelerated since 2025, with quadruped robots becoming a core segment due to their adaptability and diverse application scenarios [4] - The Chinese government continues to support the robotics sector, particularly in logistics, as outlined in the "14th Five-Year Plan" and other policy documents [4] Market Demand - Rising labor costs in e-commerce logistics (12% increase in average delivery cost in 2024) and the demand for 24/7 industrial security inspections are driving the growth of the quadruped robot market [4] - The global quadruped robot market is projected to exceed $5 billion by 2025, with over 30% market share expected from China [4] Competitive Landscape - Yundeshuchu Technology is positioned among the leading companies in the domestic quadruped robot sector, with a strong capability for independent core technology development [4] - The company has secured nearly 500 million RMB in Series C financing, aimed at optimizing motion control algorithms and expanding into overseas markets [4] - The company faces competition from Yushu Technology, which has advantages in algorithm iteration speed and earlier entry into the consumer market [5]