(Cobos listed, service robot into the future of smart home core? On May 28, Cobos Robotics Co., Ltd., which belongs to the sweeping robot brand Cobos, was formally listed on the Shanghai Stock Exchange (Stock Code: KEEPS, stock code: 603486). Listed on the market, Cobos Robot Co., Ltd. plans to issue 40.1 million shares, the issue price of 20.02 yuan / share, raising total funds of 803 million yuan.
Chairman of the Cobos robot Qian Dongqi said at the listing ceremony:
After the IPO, the company will adhere to a three-dimensional development strategy with a clear and well-defined layout, continue to strengthen the status of home service robots at the company level, adhere to the frontier technology fields such as deployment and investment in artificial intelligence, and greatly enhance the company’s core competitiveness. Technological advancement and sustainable development capabilities. With an international perspective, we will accelerate the pace of China's creation and promote the rise of Chinese manufacturing to China's intellectual creation.
The total amount of funds raised this time will be used for the annual production of 4 million home service robot projects, robot internet ecosystem projects, and international marketing projects after deducting the issuance costs.
Service-oriented robots have a great momentum of growth
According to the research agency IFR, the total sales of global service robots in 2017-2020 is expected to reach US$21.9 billion. Specific to the domestic market, China has become the world’s largest consumer of robots since 2013, and the growth rate of the robot industry has remained at a level of over 20%.
According to relevant data, in the field of home service robots, in 2017, the market share of Koworth's products reached 48.8%, and the offline market share reached 51.9%.
During the "Double 11" period from 2014 to 2017, Covos' entire network turnover has also been the sales champion of life electrical products.
“China Sweeping Robot Market Research and Development Prospects Research Report 2018†pointed out that Cobos' sweeping robot products have reached the level of world-class manufacturers in key technologies. Compared to other domestic manufacturers, Coworth's products have strong technological R&D capabilities, superior product performance, and high brand awareness.
Cobos's Future: Promoting Industrial Upgrading and Layout Globalization
In recent years, advances in AI technology have enabled the robotics industry to develop rapidly, and service robots based on sweeping robots are expected to become carriers of AI technology.
For home or business scenarios, service robots may be a relatively new breakthrough in the smart home. Obviously, Cobos is aware of this. In the future, Cobos will continue to increase investment in technological innovation, improve product quality and performance, promote product structure upgrades, extend robot capabilities, improve robot intelligence, and improve user experience.
On the other hand, Cobos will also implement an iterative development path for home service robots from "tools" to "housekeepers" to "partners" in a multi-channel layout.
Cobos always adheres to the mission of “Making robots to serve the global family†and promotes and leads the revolution in robotics technology. Global users can easily enjoy the modern smart home life that robots participate in, and bring intelligent and profound changes to people’s lifestyles. .
In Qian Dongqi's opinion, as the first share of service robots, Cobos is necessary to advance the global layout and bring more useful and intelligent robot products to more people.
At present, Cobos has formed a collaborative R&D sales system based on China and based on subsidiaries of the United States, Germany, and Japan, and has successfully opened up many foreign markets such as Spain, Switzerland, France, and Canada.
From 2013 to 2017, the compound annual growth rate of Cobos' service revenue for overseas service robots reached 111.20%, while the proportion of overseas revenue also increased year by year, accounting for 26.34% in 2017.
In your opinion, as the service robot products represented by Cobos gradually become popular, in the future, will the smart home core become a sweeping robot from a hot smart speaker?
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