The highest-grossing robotics company in Hong Kong shares announced its entry into artificial intelligence

Zhitong Finance App News, Beijing Jizhijia Technology Co., Ltd. (hereinafter referred to as “Jizhijia”, 02590) issued an announcement on the evening of July 30 to announce the establishment of a wholly-owned subsidiary, Beijing Jizhijia Smart Technology Co., Ltd., to officially enter the field of physical intelligence.

According to the announcement, the subsidiary will focus on R&D and related product business of embodied intelligent technologies such as robotic picking and general-purpose robots, targeting B2B scenarios such as logistics and manufacturing, closely collaborating with its existing logistics robot business, and rapidly promoting the widespread commercialization of technology and products through existing brands and business networks.

As the company with the largest revenue in the robotics sector of the Hong Kong stock market, Jizhijia's entry into physical intelligence is not only an extension of its technical strength, but also a strategic card for new growth poles. Currently, logistics and manufacturing are the easiest scenarios with intelligence to take the lead in large-scale implementation, and have become hot spots in the layout of startups. With its leading position, Jizhijia already has the triple advantage of commercialization ability, R&D strength, and scenario data, and naturally has the core competitiveness to develop embodied intelligence.

Commercialization strength+global network to drive technology implementation

After ten years of development, Jizhijia now has strong commercialization capabilities, a complete global business network, a mature service system, and is quite competitive in terms of supply chain. These advantages will embody the development and implementation of intelligent technology and build a stable basic market.

The company has been the world's largest AMR warehousing robot solution provider for 6 consecutive years. The revenue scale reached 2.4 billion yuan in 2024, almost turning a loss into a profit. The business covers more than 40 countries around the world and serves more than 800 end customers, including top customer resources such as Nike, Walmart, DHL, and UPS. The company's existing capabilities and resources not only provide mature application scenarios and benchmark verification channels for its embedded intelligent technology and products, greatly accelerate the market entry process, but also guarantee global implementation and large-scale expansion.

Top R & D strength, forge technical barriers

Technical strength is Jizhijia's second dominant barrier. As of December 31, 2024, Jizhijia has 1,867 patents, accounting for 41% of Jizhijia R&D personnel, making it one of the largest R&D teams in the same industry. This team has very rich experience in robot product development, and has deep accumulation in the fields of robot sensing, decision and control, and multi-agent collaboration. The global application and replication of the Jizhijia solution has also verified the robustness, reliability, and expandability of the company's technology in complex scenarios, and proved its strong software, hardware, and algorithm research and development capabilities.

Scene understanding+data assets to build a model training moat

Gizhijia's third strength is its leading scene understanding and data accumulation. Massive real operating data on logistics scenarios and a deep understanding of logistics operations and customer pain points are unique assets for competing for physical intelligence, and valuable resources for training and optimizing physical intelligence models. This kind of scene recognition and data advantage based on actual combat will not only significantly accelerate technical verification, but will also form a self-reinforcing flywheel in future training for intelligent models, continue to expand advantages, and gain a position in competition.

Taken together, Jizhijia's mature commercialization model, top R&D resources, and deep scenario accumulation and data assets have provided it with sufficient ammunition to seize the blue ocean of intelligent commercialization. Moreover, as one of the few listed companies in the robotics industry that has achieved large-scale revenue, Jizhijia's current PS ratio of about 9 times is significantly lower than that of other Hong Kong stock robot companies - 40 times Horizon, 32 times Preferential Choice, and 61 times across the border. I believe this gap also gives Gizhijia strong impetus to open up room for upward valuation and drive up stock prices through breakthrough progress in the embedded intelligent business.

Relying on the strong strength of the three core barriers, combined with the guarantee of financial support and the driving force of stock price support, Gizhijia will become one of the most competitive players in the field of embodying intelligence.