Obi Zhongguang plans to go public through IPO: listing guidance filing has been completed

As we all know, in recent years, driven by smart phones, the mobile phone camera industry has developed rapidly, especially multi-camera and 3D cameras, which have become important selling points of smart phones. Recently, according to the author's inquiry, Orbbec, which is engaged in the 3D camera industry, plans to go public in China through an IPO and has filed for listing guidance.

According to data, Orbbec Technology Group Co., Ltd. is a global leading provider of AI 3D sensing technology solutions. It was founded in January 2013 and is headquartered in Shenzhen, with branches in Shanghai, Xi'an, and Michigan, USA. At present, the total number of employees of Orbbec exceeds 800, of which 70% are R&D personnel and more than 40% have master's and doctoral degrees.

AI 3D perception is a key basic common technology that provides three-dimensional visual capabilities for artificial intelligence. Orbbec has broken the international technology monopoly and has full-stack technology strength from chips, algorithms, to systems, frameworks, and upper-layer application support. The number of patent applications in the field of AI 3D perception is comparable to that of Microsoft and Apple, ranking among the top in the world. It has become the fourth in the world and the first in Asia to master the full range of AI 3D perception technology platform-based scientific and technological innovation companies, occupying the commanding heights of the industry.

In terms of technology products, Obbec provided 3D sensing cameras for OPPO Find X. It is reported that this is the first Android smartphone equipped with a 3D camera. At the same time, Obbec also became the first 3D sensor manufacturer in the world with a shipment volume of millions in the Android system. In addition, in 2017, Obbec reached a cooperation with Ant Group to launch a 3D face-scanning payment device.

In terms of capital, Orbbec has received investments from Hongde Investment, SAIF Partners, MediaTek, GF Securities, CITIC Securities, Sirius Capital, Songhe Capital, Renzhi Capital and other institutions. In May 2018, it also received a round D financing of over US$200 million led by Ant Group.

In addition, Orbbec's 3D vision solution is suitable for robots in various fields: in the field of industrial robots, compared with traditional robots that use 2D vision as a sensor carrier, robots with 3D sensing capabilities can collect richer information with their intelligent visual recognition functions. By linking with AI artificial intelligence technology, industrial robots can be more flexible, smarter, and more efficient, completely freeing human hands.

In the field of service robots, robots equipped with 3D vision technology can quickly recognize human faces, sense distance, detect live bodies, and perform multi-modal linkage, allowing machines to move from simply executing instructions to truly interacting with humans. Special robots that can see more clearly and respond more promptly can play an important role in the security field. Multiple functions such as 3D map creation, obstacle avoidance, navigation, and positioning will perfectly replace humans in completing various high-risk and high-difficulty tasks.