JIKA, YUEJING and AUOBO start listing guidance. Who will be the first collaborative robot company?

In recent years, collaborative robots have been developing at the fastest speed in the robotics field. The annual shipments of leading collaborative robot companies have exceeded the threshold of 10,000 units since last year, and have become an important part of industrial robot applications. As the collaborative robot industry enters a new stage of development, listing has become a common pursuit of major companies.

At present, JEKA, YUEJING and AUO have all started their own journey to go public. However, it is not easy to go public. Who will be the first collaborative robot stock in the end remains to be seen. Today, we will review the development progress of the three companies and see which one is most likely.

Jieka Robot

On December 19, 2022, Jieka Robotics signed a listing guidance agreement with Guotai Junan Securities Co., Ltd. to start the IPO process.

According to the information, JEKA Robotics was founded in 2014 and is committed to innovating the way people interact with robots. JEKA Robotics has been deeply integrating emerging technologies such as artificial intelligence and big data, and has been developing towards multi-dimensional intelligent development, that is, upgrading from single perception to global perception, from perceptual intelligence to cognitive intelligence, and from stand-alone intelligence to cluster intelligence, pushing collaborative robots towards a more flexible and intelligent era.

JIEKA Robotics has realized nine core technologies, six core algorithms, and six series of collaborative robot product matrices, building strong operational capabilities, strong scenario capabilities, and strong intelligent capabilities. It has accumulated a large number of practical cases in applications such as handling, stacking, machining, inspection, gluing, screw locking, polishing, welding, etc.

It is reported that JEKA Robotics products have obtained the MTBF (mean time between failures) certification of 80,000 hours, which has once again set a new industry record. In the manufacturing industry, the various links of the automated production line are closely linked. If a piece of equipment fails, the entire line may be shut down, causing huge losses. Therefore, stability has always been the top priority for manufacturing companies. Reliable products are exactly the advantage of JEKA Robotics.

At present, JEKA Robotics has been working closely with more than 300 outstanding automation solution companies from all walks of life around the world, and has deployed more than 10,000 robots worldwide. Its products flexibly and efficiently serve the production lines of world-renowned brands such as automobiles, electronics, and semiconductors. At the same time, it is also engaged in service work that directly contacts consumers in many new commercial consumer fields.

In July last year, Jieka Robot announced the completion of a Series D financing of approximately RMB 1 billion, led by Temasek, SoftBank Vision Fund II and other institutions. As a result, Jieka Robot has completed six rounds of financing, totaling more than RMB 1.4 billion, making it the company with the most financing rounds and the largest financing scale in the field of collaborative robots.

Yuejiang Technology

On January 19, 2023, Yuejiang’s listing guidance filing was accepted by the China Securities Regulatory Commission. The guidance institution is CICC, and the listing guidance process is expected to be completed in April or May.

Founded in 2015, Yuejiang Technology is a world-leading intelligent collaborative robot company headquartered in Shenzhen, with branches and subsidiaries in Shanghai, Suzhou, Hangzhou, Chengdu, Qingdao, Rizhao, Dallas, USA, Frankfurt, Germany and Tokyo, Japan. It has three major business groups: domestic industry, domestic education and overseas, and has deeply deployed in the global market.

Unlike many robot companies that integrate by purchasing parts, Yuejing Technology has chosen the path of independent innovation. It has three R&D centers in Shenzhen, Shanghai and Qingdao. Most of its servo drives and control systems are independently developed, with a high degree of autonomy. In 2022, it added 200 new intellectual property rights, bringing the total to 1,424, far ahead in the industry.

After years of development, Yuejing Technology now has 7 series and more than ten products, becoming the first collaborative robot company in the industry with a full product matrix of 0.5-16kg. Its application areas cover 15 major industries such as automobiles, 3C, and semiconductors. Its products are exported to more than 140 countries and regions around the world. As of 2022, the cumulative sales volume has reached 68,000 units, ranking No. 1 in the export volume of domestic industrial robots for consecutive years.

Last September, the 10,000th robot officially rolled off the production line at Yuejiang Technology's Rizhao production base. It is understood that the production base started construction on November 10, 2020, with a planned annual production capacity of 100,000 units. Now, in two years, more than 10,000 robots have been rolled off the production line, which will undoubtedly greatly enhance Yuejiang Technology's delivery capabilities.

At present, Yuejiang Technology has completed 5 rounds of financing and has successively obtained investments from many well-known institutions such as Daosheng Capital, Entertainment Factory, Shenzhen Capital Group, Qianhai Mother Fund, CICC Capital, CRRC Capital, Wen's Capital, China Merchants Capital, Yunhui Capital, and Potential Capital. In November 2022, after Yuejiang Technology completed its D round of financing, it completed strategic financing again on December 23.

Aobo Intelligent

It is understood that Aubo Intelligent plans to be listed on the Science and Technology Innovation Board in the third quarter of this year, and its listing guidance agency is Huatai United Securities.

Founded in 2015, AUO Robotics has been deeply engaged in the field of collaborative robots for a long time, breaking through many key software and hardware technologies of collaborative robots, conquering robot operating systems, integrated joints, servo control, joint torque sensors , application software development environment and other core technologies of robots, breaking the foreign monopoly and realizing the localization of core components. In 2022, it became the first and currently the only collaborative robot company to win the national "Manufacturing Single Champion".

In response to the differentiated applications in various industries, AUO Robotics has developed a number of product series, such as the i series collaborative robots for industrial applications, the C series collaborative robots for commercial service applications, the E series collaborative robots for education applications, and mobile collaborative robots.

At present, Aubo Intelligent products have been widely used in many fields such as 3C electronics, auto parts, education, new retail, medicine and medical care , and have gradually penetrated from the industrial field to diversified non-industrial fields. It is the first company to introduce collaborative robots into the field of big health and the first company to launch explosion-proof collaborative robots in petrochemicals. In recent years, the sales share in the non-industrial field has reached more than four times the total sales.

At the beginning of 2022, Aubo Intelligent and Xiu Yu Group cooperated to launch the world's first pain relief therapy robot - Xiaotong Robot, and announced that it will deliver 10,000 products within three years. This is the largest single order in the history of the collaborative robot industry. It also means that the application of collaborative robots in the field of big health has been initially recognized. At present, the cumulative sales of Aubo Intelligent products in the large-scale application of the big health industry have reached 3,800 sets.