In 2015, Yue Jiang launched crowdfunding for the first generation of desktop-level collaborative robot DOBOT on the crowdfunding website, and it was during this period that other Chinese manufacturers entered the game one after another, and the first collaborative robot i5 was mass-produced and new forces such as card saving robots were established.

Since then, collaborative robots have ushered in development dividends, and because collaborative robots pay attention to man-machine coordination, more efficient and flexible, and the operation difficulty is not high, it has gradually been favored by the market.

PMC422-LAM According to the data of Searing Knowledge Consulting, the market size of collaborative robots has increased from 467 million yuan in 2019 to 1.039 billion yuan in 2023, with a compound annual growth rate of 22.2%, and it is expected to reach 4.95 billion yuan by 2028, and the growth rate of global collaborative robots will exceed the growth rate of traditional industrial robots.

The prospectus shows that Yue Jiang’s products cover four -, six – and seven-axis robots, while the festival card focuses on six-axis robots. In the past three years, the sales proportion of six-axis robots in Yue Jiang has gradually increased, and the sales proportion has reached 46.8% in 2023, which has gradually grown into the pillar products of the company.

From the application scenario, the two companies are also slightly different, and the Yue Jiang robot is mainly used in manufacturing, retail, medical health, STEAM education, scientific research and other fields.

Seca, on the other hand, focuses on manufacturing, including automotive parts, consumer electronics, semiconductors, automotive electronics, and food processing and precision manufacturing industries. Among them, automotive electronics and 3C electronics are the two application industries that contribute the most to its revenue.

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From the point of view of the core business indicators, the festival card is slightly better. Since 2022, the festival card revenue will exceed the more Xinjiang, 2023 festival card and more Xinjiang to achieve revenue of 350 million yuan and 287 million yuan.

In addition, the loss margin of the festival card is relatively small, in 2022, the festival card has successfully turned a loss into a profit, the current net profit of 5.735700 million yuan, followed by the impact of share payment expenses, 2023 loss of 28.5473 million yuan.

PMC422-LAM During the reporting period, Yue Jiang suffered losses for three consecutive years, from 2021 to 2023, with net losses of 41.756 million yuan, 52.477 million yuan and 103 million yuan, respectively.

For the loss of performance, Vietji Technology attributed in part to the significant research and development expenses and sales and marketing expenses incurred in designing, developing and marketing products and enhancing market influence and brand awareness. Yue Jiang may continue to generate net losses in the short term. Price war

Not only the festival card and the more Xinjiang, according to the reporter, a number of head collaborative robot manufacturers have varying degrees of loss, which reflects the current predicament of collaborative robots, product homogeneity is obvious.

Especially in the field of six-axis robots, the product load of Youao and domestic head manufacturers basically covers the range of 3 kg to 20 kg, and the mainstream six-axis machines with a load of 5 kg are shipped per capita, and the repeated positioning accuracy can reach ±0.03 mm.

Yuejiang claims to be the richest enterprise in the global collaborative robot industry in the product portfolio, as of the last feasible date, Yuejiang has launched a total of 27 collaborative robot models in 4 series, with a cumulative sales of more than 47,000 collaborative robots.