"The first listed humanoid robot target, with the blessing of the "national team". "This article is the original of IPO.
Written by stone jin
According to the IPO news, Shenzhen UBTECH Co., Ltd. *** hereinafter referred to as "UBTECH") opened its IPO today and ended on December 22, and is expected to be officially listed on the main board of the Hong Kong Stock Exchange on December 29, 2023 with "9880" as the first day.
This means that UBTECH is about to officially become the "first share of humanoid robots".
UBTECH plans to issue 1128 in this IPO200,000 shares. Among them, 112 were offered in Hong Kong820,000 shares, 1,015 international offering380,000 shares. The issue ranges from HK$86 to HK$116 per share, i.e. a maximum of about HK$13 through an IPOHK$0.9 billion.
It is worth noting thatIt is a wholly-owned subsidiary of the Financial Audit Bureau of Beijing Economic and Technological Development AreaYizhuang International Holdings (Hong Kong)** participated in the offering as a cornerstone investor, with a subscription scale of 500 million yuanRenminbi.
In fact, UBTECH's past shareholders also include state-owned assets in Liuzhou, Chongqing, Zhuhai, Hangzhou and other placesIn addition, it includes well-known venture capital institutions such as Qiming Venture Capital and CDH Investments, leading enterprises such as Tencent, iFLYTEK, Haier and CP Group, as well as financial groups such as Industrial and Commercial Bank of China, Goldstone Investment and Minsheng**. According to the prospectus, the controlling shareholder and all existing shareholders promised to be suspended for one year before listing
Founded in 2012, UBTECH is able to develop and commercialize a wide range of intelligent service robots and intelligent service robot solutions based on self-developed full-stack robotics and artificial intelligence technology. As of December 10, 2023, UBTECH has served more than 50 countries and regions around the world, has more than 900 enterprise customers, and has sold more than 760,000 robots during the track record period (2020 to 2022 and the first half of 2023).
AnotherAccording to Frost & SullivanAccording to the report, UBTECH is one of the very few market participants in the global humanoid robot industry and has taken the lead in realizing the commercialization of humanoid robots.
At present, UBTECH focuses on the three major application scenarios of humanoid robots, namely industrial manufacturing, commercial services and family companionship - among them, intelligent manufacturing will become the first large-scale application field of humanoid robots, humanoid robots will redefine workers in the AI era, and free people from repetitive labor, in 2023, UBTECH has developed a humanoid robot walker used in the industrial field s, and cooperate with a number of new energy vehicle head enterprises to plan the application of humanoid robots in manufacturing scenarios in stagesThe commercial service scenario is the fastest application market for humanoid robots, and the first batch of UBTECH's humanoid robots Walker X has landed in NEOM New Future City in Saudi Arabia, becoming the first generation of large-scale humanoid robot citizens to provide intelligent servicesThe home landing scene is the most potential application market for humanoid robots.
It is worth noting thatIn the early stage of technological exploration and development, UBTECH's humanoid robots have been commercialized earlier——In the first half of this year, humanoid robot-related businesses contributed 7.24 million yuan in revenue, a significant increase compared with the same period in 2022. In 2022, the humanoid robot business will contribute 51.84 million yuan in revenue, a year-on-year increase of more than three times, accounting for 51%, a significant increase compared with 2020 and 2021. At the same time, thanks to the high technical barriers of humanoid robots, the humanoid robot-related business maintained a gross profit margin of more than 50% in 2022 and the first half of this year.
Based on the full-stack technology of humanoid robots, UBTECH has now formed five major business segments: artificial intelligence education, smart logistics, smart health care, commercial services and consumer-level robots - from 2020 to 2022, UBTECH's revenue is 74 billion yuan, 81.7 billion yuan, 100.8 billion yuan, with a compound annual growth rate of 167%, a year-on-year increase of 23. in 2022 compared to 20214%。
2020 toyears, as wellIn the first half of 2023, UBTECH will totalRevenue is exceeded2.8 billion yuan, total R&D investmentAbout 1600 million yuan, the average R&D expenditure accounted for the total revenueThe ratio is about 5——As of June 30, 2023, UBTECH's full-stack technology has more than 1,800 patents related to robotics and artificial intelligence, of which more than 900 are invention patents and more than 380 are overseas patents. In addition, according to the "Humanoid Robot Technology Patent Analysis Report", UBTECH is the enterprise with the largest number of effective humanoid robot technology patents in the world, and its effective invention patents rank first in China.
First, the second in the world;In the past five years, the average number of patent applications per year is close to 200, ranking first in the worldIn the three fields of core components, body structure, and drive control, UBTECH's patent applications are the largest in China.
First, the second in the world;
To sum up, it is not difficult to find that UBTECH, as the first humanoid robot target in Hong Kong, its scarcity is self-evident. What's more, UBTECH has also received the support of the "national team" - at the beginning of November, Beijing Humanoid Robot Innovation Center was officially established, and it is planned to carry out five key tasks such as the prototype of the general humanoid robot ontology and the general large model of the humanoid robot, which is jointly held by Beijing Yizhuang Investment Holdings and UBTECH, Xiaomi, and Beijing Jingcheng Electromechanical, and UBTECH CTO Xiong Youjun serves as the legal representative.
Even further, in the context of the expected improvement of the macro environment and the gradual improvement of the capital of Hong Kong stocks, Hong Kong is embracing innovation and technology to seize development opportunities, and UBTECH's IPO may drive more innovative technology companies to list in Hong Kong, bringing new momentum to Hong Kong's capital market.