The first robot stock on the Beijing Stock Exchange! Backed by the State-owned Assets Supervision and Administration Commission, the stock price surged by more than 256% after its listing!

On November 30, the first authentic robot stock of the Beijing Stock Exchange , Jike Development Technology Co., Ltd. (stock code: 835579), officially landed on the capital market. On the first day of listing, it soared 256.25% during the trading session, with the highest price of the day being 28.5 yuan.

This outstanding performance made an immediate start, making the market, which had previously fallen into a brief slump, suddenly lively again and sparking a craze for robot concept stocks again.

01 Crazy rise on the first day of listing, capital is optimistic about the carnival

Since the beginning of this year, the Beijing Stock Exchange has launched a number of bull stocks in succession, attracting a lot of capital attention.

Not long ago, the Ministry of Industry and Information Technology issued the "Guiding Opinions on the Innovation and Development of Humanoid Robots", proposing to promote the rapid development of the humanoid robot industry. The release of this policy dividend has led to a collective explosion of robot concept stocks, and the stock price increase in the robot field has remained high, attracting a large amount of capital.

It was under this background that Jike shares entered the capital market. As a leading robot target in the AGV industry, its money-making effect on the day of listing can be imagined.

Jike shares issued 31.2 million shares in this public offering, with a total share capital of 124.8 million shares after the issuance, and an issue price of 8 yuan per share. The total amount of funds raised from the new shares was 250 million yuan. On the first day of listing, the stock price performed very well, rising 212.5% ​​at the opening, and the highest intraday increase reached 256.25%. As of the close, although there were ups and downs, the growth trend was still gratifying, with an increase and decrease of 158.75%.

In the context of limited funds raised by new shares, institutional investors and retail investors showed great enthusiasm for Jike shares. The online issuance attracted a total of 210,800 investors to participate in the subscription, setting a new high for the year, and finally effectively subscribed 14.762 billion shares. Based on the issue price, the total frozen funds were about 1,181 yuan, which was 472 times the raised funds, fully reflecting the capital's eager expectations for the future development of Jike shares.

Such market response is just the beginning of the booming development of the robotics industry.

As an important part of my country's high-end equipment manufacturing, the robotics industry has been entrusted with the important task of leading my country's industrial upgrading. Under the dual attention of national strategy and capital market, robotics technology and applications, which are in their golden period of growth, are constantly expanding and extending.

The explosive growth of Jike shares on the first day of listing may indicate that robots are about to usher in a new year of development.

02 SASAC + China Machinery Engineering Institute, the official national team

Jike shares belong to the national authoritative scientific research system - China Mechanical Science Research Institute Group, and the actual controller is the State-owned Assets Supervision and Administration Commission of the State Council. In addition, Jike shares have received a large increase in holdings from China State-owned Enterprise Mixed Ownership Reform Fund Co., Ltd. and introduced strategic investment from CITIC Construction Investment Fund Management Co., Ltd.

With the support of the steel stamp, as a pure state-owned concept stock, Jike shares has received real financial support from the "three-in-one" of the State-owned Assets Supervision and Administration Commission, central enterprises, and state-owned mixed funds, which naturally makes the market optimistic. It can be said that it is difficult to keep a low profile.

Eye-catching performance and high growth prove strength

Performance is the most solid indicator to prove everything.

Jike Co., Ltd. is a total solution provider with intelligent conveying technology and its high-end supporting equipment as the core. It mainly focuses on the fields of intelligent manufacturing, intelligent environmental protection and smart medical care , and provides customers with intelligent conveying systems with mobile robots and pneumatic conveying equipment as the core, as well as supporting intelligent equipment and services.

As the manufacturing industry gradually upgrades to intelligent manufacturing, the company's performance has grown strongly in recent years. In 2022, it achieved operating income of 521 million yuan and net profit of 40.7826 million yuan. In the first three quarters of 2023, its operating income was 259 million yuan, a year-on-year increase of 1.97%. In the future, it is expected to continue to maintain a high growth trend under the momentum of industry development.

In addition, the company's gross profit margin also has a clear advantage. The average comprehensive gross profit margin in the past three years has exceeded 25%. In the first three quarters of 2023, the figure reached 27.06%, which is at a relatively high level among peer listed companies.

The company's strong product pricing capabilities and ability to provide customers with differentiated and personalized solutions are important reasons for its high gross profit margin.

Strong technical strength and comprehensive layout in the field of intelligent manufacturing

The China Research Institute of Machinery Science is one of the largest national defense science and technology industrial bases in my country. Its main research directions cover strategic emerging industries such as aerospace, mechanical engineering, and intelligent manufacturing. It is top-notch in the country in terms of both scientific research strength and technological accumulation, and is known as the "national heavy weapon."

Jike Co., Ltd. has been deeply engaged in the field of intelligent manufacturing for many years and has outstanding strengths in technological innovation and product matrix.

The company has gathered many leading talents, including 12 experts with special government allowances from the State Council, 2 national candidates for the "New Century Talents Program", 9 outstanding experts from the China Machinery Academy, 6 outstanding young talents from the "Hundred Talents Program" of the China Machinery Academy Group, and four academicians of the two academies, Xu Xingchu, Lin Shangyang, Chen Yunbo and Shan Zhongde.

在具体业务领域，公司已基本实现了对智能制造全流程的布局。通过自主研发的核心装备，包括移动机器人、气力输送系统、立体仓储系统等，可为客户提供输送、装配、检测、包装等各环节的智能化解决方案。这种全流程的配套能力，在行业内独树一帜，竞争优势显著。

With trillion-level customer resources, BYD is the largest financial sponsor

JIKE has rich customer resources, mainly large state-owned enterprises and private enterprises with strong comprehensive strength, covering many industry giants at home and abroad, and has been highly recognized by trillion-level leading customers.

This type of customer has high requirements for product stability, has sufficient financial budget, and is willing to pay an appropriate price for high quality when purchasing equipment.

BYD was the No. 1 customer of Jike Co., Ltd. from 2022 to the first half of 2023. In addition, China Resources, Linglong Group and Blue Fat Man are also important customers, which fully demonstrates the company's strength in intelligent manufacturing solutions.

03 The industry is developing strongly and the opportunity period has just begun

Performance and technology are the "hard power" built by the company itself, while industry development is the "external opportunity".

From an industry perspective, my country's robot market is still in a period of growth and development. The industry concentration is not high, and the market share of leading companies is also relatively low. There is still hundreds of billions of yuan of room for development in the future, and huge dividends are waiting to be released.

my country's economy is currently in a critical stage of transformation, upgrading and high-quality development. The deep integration of new-generation information technology and traditional manufacturing is seen as the key to achieving China's goal of becoming a manufacturing power.

In this context, robots, as one of the core products of intelligent manufacturing, will receive unprecedented attention and support, and the frequent introduction of a series of favorable policies is a strong proof of this. The "14th Five-Year Plan for Intelligent Manufacturing Development" clearly points out that we must grasp the development trend of the robotics industry. By 2025, my country will realize the global source of robotics technology innovation, high-end manufacturing clusters, and integrated application highlands.

As application scenarios continue to expand, the market space is also expanding. Not only is the demand for robots in traditional manufacturing increasing, but the demand for AGVs in the logistics and warehousing field is also growing rapidly. New applications such as service robots and medical robots are also emerging and commercializing rapidly, and the market space is showing a trend towards diversification.

Today, while the upstream, midstream and downstream supporting systems continue to grow, core technology modules are also upgrading at an accelerated pace. The deep integration of emerging technologies such as AI and robots has become the main line of development, and a dual-wheel drive of technology and industry has been initially formed.

In general, the "three horses" of policy, capital and technology are pushing the development of my country's robotics industry into the fast lane, and high performance growth will continue.