万马科技20250620

Summary of the Conference Call on Wanma Technology and the Robotaxi Industry Industry Overview - The Robotaxi market is experiencing rapid development, with companies like Waymo, Tesla, and Baidu actively investing in L4 autonomous driving technology. Tesla plans to deploy 100,000 Robotaxis by 2027 [2][3] - The Robotaxi industry is transitioning from concept validation to commercial operation, driven by advancements in autonomous driving technology, decreasing hardware costs, and supportive policies [3] - The Robotaxi industry is expected to accelerate significantly by 2025, with L4 technology maturity and regulatory relaxation as key drivers [2][19] Key Points on Wanma Technology - Wanma Technology is positioning itself in the Robotaxi sector by providing connected products and operational services, extending towards intelligent driving, data closure, and network integration [2][6] - The company has launched two core solutions: the Blue Ocean Global Vehicle Networking solution and the Aotu Autonomous Driving Data Closure solution, with a global vehicle connectivity scale exceeding 14 million [2][7] - The company anticipates a significant market opportunity as the penetration rate of Robotaxis could reach 10%-20% by 2030, given the current taxi and ride-hailing vehicle ownership of approximately 5 million in China [6] Technical Requirements and Solutions - Robotaxis have higher network requirements, including large bandwidth, high reliability, and low latency, necessitating real-time monitoring and data transmission [5][14] - Wanma Technology provides 5G dual-card services, edge computing, and global one SIM technology, enhancing the single vehicle value to over 1,000 yuan [4][21] - The company’s solutions ensure reliability improvements to 99.999% and latency reductions to 30-50 milliseconds [14][24] Market Trends and Competitive Landscape - The Robotaxi industry is expected to see significant growth, with companies like Waymo operating around 1,500 vehicles and Tesla planning to upgrade L2 vehicles to L4 [3][19] - Domestic policies are encouraging Robotaxi pilot operations, with various cities revising regulations to expand operational scope [21] - Wanma Technology is not limited to exclusive partnerships and aims to provide services across different operators and technology companies [22] Financial Performance and Future Outlook - The company’s revenue is divided into traditional ICT business and the newer YuKa segment, with expectations of ICT revenue growth of 10%-20% and YuKa domestic issuance growth of 20% [30] - The Robotaxi business is currently at a low penetration rate, but long-term growth potential is anticipated as the market matures [31] - The pricing model for connected services may see slight declines due to competitive pressures, but overall revenue is expected to trend upwards [32][33] Strategic Goals - Wanma Technology aims to lead in the Robotaxi and Robovan sectors by providing ICT integrated solutions that meet the needs of connectivity and intelligence in the automotive industry [35]