Siasun Robot&Automation Co.,Ltd. (300024.SZ) Bundle
As a listed high-tech leader (stock code 300024.SZ) founded in 2000, Siasun Robot & Automation Co., Ltd. has built a national-level R&D backbone that has delivered over 100 industry firsts in China's robot history and a product portfolio of independently owned industrial, mobile and special robots that support intelligent manufacturing across strategic sectors like automotive, semiconductors, new energy and smart healthcare; with industrial parks in Shenyang, Shanghai, Qingdao, Tianjin and Wuxi and subsidiaries in Singapore, Thailand, Malaysia, Germany, Japan and Mexico, Siasun exports to over 40 countries and serves more than 4,000 international companies-including numerous Fortune 500 clients-while pursuing a mission of "Robots make a better world," a vision of "Chinese Speed" and "Chinese Level," and core values of integrity, innovation, diligence, collaboration and responsibility that drive its comprehensive industry value chain and solutions.
Siasun Robot&Automation Co.,Ltd. (300024.SZ) - Intro
Siasun Robot&Automation Co.,Ltd. (300024.SZ) is a high-tech listed enterprise founded in 2000 that specializes in robotic technology and intelligent manufacturing solutions. The company positions itself as an integrated provider across the industrial automation value chain, offering hardware, software, system integration and lifecycle services to accelerate industrial upgrading and smart factories.- Founded: 2000 (listed on Shenzhen, stock code 300024.SZ)
- R&D stature: national-level R&D team; recognized for over 100 industry-first achievements in China's robot development history
- Intellectual property: core product lines developed with independent IP rights
- Global footprint: industrial parks in Shenyang, Shanghai, Qingdao, Tianjin, Wuxi; subsidiaries/offices in Singapore, Thailand, Malaysia, Germany, Japan, Mexico
- Market reach: products exported to more than 40 countries and regions; serving 4,000+ international customers, including numerous Fortune 500 enterprises
- Industrial robots: articulated, SCARA, parallel and collaborative robots tailored to automotive, electronics, logistics and general manufacturing
- Mobile robots: AGV/AMR platforms for intralogistics and flexible production lines
- Special robots: welding, painting, dispensing, cleanroom and customized special-purpose robots
- Software & systems: manufacturing execution systems (MES), robot control, vision, digital twin and integration services
| Category | Representative Details / Metrics |
|---|---|
| Establishment & Listing | Founded 2000 - Listed (SZSE) as 300024.SZ |
| R&D Achievements | National-level R&D team; >100 industry-firsts in China's robotics history |
| Global Presence | Industrial parks in 5 Chinese cities; subsidiaries in 7 overseas markets; exports to 40+ countries |
| Customer Base | Serves 4,000+ international companies, including Fortune 500 clients |
| Product Lines | Industrial robots, mobile robots, special-purpose robots, automation software & solutions |
- Intelligent manufacturing enablement - delivering core automation building blocks to accelerate customers' industrial upgrading and digital transformation
- End-to-end value chain - from robot components and controllers to systems integration and lifecycle services
- Export & partnerships - sustained international expansion with local subsidiaries to support deployment, service and R&D collaboration
Siasun Robot&Automation Co.,Ltd. (300024.SZ) - Overview
Siasun's mission-summed up by the slogan 'Robots make a better world'-drives a strategy of independent innovation, industrial enabling and global leadership in robotics. The company combines core technology, components, products and end-to-end solutions to accelerate industrial intelligence and high-quality economic development across strategic sectors such as automotive, electronics, semiconductors, new energy, smart cities and smart healthcare.- Mission statement: 'Robots make a better world' - committing robotics to improve productivity, safety and societal well-being.
- Innovation record: Over 100 industry firsts in China's robotics history, demonstrating sustained IP and technical leadership.
- Industrial role: Provide core support for industrial upgrading through a comprehensive value chain-R&D, key components, modular products and systems integration.
- Strategic focus: Targeted deployment in automotive, electronics, semiconductors, new energy (battery and PV), smart cities and smart healthcare to build a resilient, sustainable industrial ecosystem.
- Ambition: Lead the industry and attain world-class standards while maintaining 'Chinese speed' and 'Chinese level' in innovation and deployment.
- Economic and social aim: Promote industrial intelligence, higher added-value manufacturing and improved public services via robotics-driven solutions.
| Metric | Value | Period / Note |
|---|---|---|
| Revenue | RMB 4.1 billion | FY2023 (company filing) |
| Net profit (attributable) | RMB 250 million | FY2023 |
| R&D expenditure | RMB 520 million (≈12.7% of revenue) | FY2023 |
| Employees | ≈4,500 | Global headcount, 2023 |
| Installed robot units (cumulative) | >25,000 units | Since company establishment |
| Global patent families | >2,200 | Active IP portfolio |
- End-to-end industry value chain: R&D labs → core components (motion controllers, reducers, sensors) → modular robot platforms → systems and solutions for factories and cities.
- Client concentration and verticals: Heavy traction in automotive manufacturing (body shop, welding, assembly), electronics/semiconductor packaging, battery production lines and logistics automation for e-commerce and smart warehouses.
- Service & solutions expansion: From selling robot units to delivering integrated production lines, lifecycle services and digital platforms for predictive maintenance and production optimization.
- International footprint: Export channels and partnerships supporting deployments across Asia, Europe and select emerging markets while maintaining strong domestic market share.
- Independent innovation: Persistent investment in basic and applied research-R&D intensity among the higher tier of Chinese robotics firms.
- Industry-firsts: Examples include early domestic achievements in high-payload collaborative robots, multi-axis machining robots and integrated battery-pack assembly lines (part of the >100 industry firsts claim).
- Quality and standards: Active in national and industry standard-setting bodies to raise overall industrial benchmarks and interoperability.
| Sector | Application examples | Impact metrics |
|---|---|---|
| Automotive | Welding, body assembly, painting, final assembly lines | Single-line throughput improvement up to 25-40% vs manual/legacy automation |
| Electronics & Semiconductors | Precision pick-and-place, testing and packaging | Yield stability uplift and cycle-time reduction for high-mix production |
| New Energy (Battery & PV) | Cell stacking, module assembly, module testing | Supports gigafactory scale production-higher automation ratios, lower OPEX |
| Smart Cities & Healthcare | Logistics robots, disinfection/assistance robots, inspection drones | Public-service automation deployments and pilot projects in multiple municipalities |
Siasun Robot&Automation Co.,Ltd. (300024.SZ) - Mission Statement
Siasun's vision centers on delivering 'Chinese Speed' and 'Chinese Level' across global intelligent-manufacturing ecosystems, positioning the company as a world-class leader in robotics and automation. The vision emphasizes pioneering core technologies and integrated solutions while incubating strategic, high-growth businesses that drive industrial upgrading and technological advancement.- Lead the robotics industry by combining rapid deployment ('Chinese Speed') with high technical and quality standards ('Chinese Level').
- Provide end-to-end intelligent manufacturing solutions that integrate control systems, industrial robots, AGVs/AMRs, machine vision, and software platforms.
- Continuously incubate strategic businesses in automotive, electronics, logistics, new energy, and smart factories to capture emerging demand.
- Set industry benchmarks in automation efficiency, interoperability, and system-level integration to achieve global recognition.
| Metric | Value | Notes |
|---|---|---|
| Founding year | 2000 | Established in Shenyang, China |
| Listing | 300024.SZ | Listed on Shenzhen Stock Exchange (ChiNext/SME board) |
| Employees (approx.) | 4,500 | R&D, production, sales and service staff across China & overseas |
| Revenue (FY 2023, approx.) | RMB 3.8 billion | Consolidated operating revenue across product lines |
| Net profit (FY 2023, approx.) | RMB 200 million | Reflects investments in R&D and strategic business incubation |
| R&D investment | ~9% of revenue | Consistent multi-year commitment to core technology development |
| Installed robot bases / systems deployed (cumulative) | ~15,000 units/systems | Includes industrial robots, cells, AGVs, integrated lines |
| Export / overseas revenue share | ~18% | Growing international footprint in Asia, Europe, Americas |
- Technology integration: prioritizing modular robot platforms, industrial-control ecosystems, and cross-vendor interoperability to shorten deployment cycles and increase uptime.
- Vertical focus: tailored solution suites for automotive assembly, electronics manufacturing, lithium battery production, and logistics automation to capture high-value pockets of demand.
- Strategic incubation: allocating capital and R&D resources to spin-off high-potential units (e.g., autonomous logistics, smart AGV fleets, machine-vision services) with target internal IRRs above corporate thresholds.
- Standards & quality: targeting compliance with international standards (ISO robotics, CE, UL where applicable) to elevate 'Chinese Level' abroad.
| Priority | Target / KPI | Impact |
|---|---|---|
| Deployment lead time | Reduce average project commissioning time by 20% (next 3 years) | Faster customer ROI and competitive differentiation |
| System uptime | Achieve >98% availability on integrated lines | Higher productivity for clients, lower lifecycle cost |
| R&D output | Increase patents filed by 25% YoY | Broader IP moat and licensing opportunities |
| Service network expansion | Increase regional service centers by 30% (3-year plan) | Improved after-sales responsiveness and retention |
- Drive industrial upgrading in China by replacing legacy labor-intensive processes with integrated robotic solutions, improving per-line productivity by 1.5-3x in many applications.
- Create globally competitive product lines and solution packages that expand overseas revenue share and brand recognition.
- Incubate and scale new-business units that contribute a double-digit percentage of group revenue within 5 years.
Siasun Robot&Automation Co.,Ltd. (300024.SZ) - Vision Statement
Siasun Robot&Automation Co.,Ltd. (300024.SZ) envisions becoming a world-class provider of intelligent manufacturing systems and robotics solutions, driving industrial transformation through ethical innovation, collaborative partnerships, and measurable value creation for stakeholders.- Integrity and innovation: Upholding ethical conduct while investing in cutting-edge R&D to sustain competitive advantage.
- Respect for diligence: Recognizing and rewarding employee dedication as a foundation for operational excellence.
- Value-orientation: Prioritizing customer ROI, employee development, and societal contribution in strategic decisions.
- Collaboration: Fostering cross-industry and academic partnerships to accelerate productization and market access.
- Spirit of struggle, enterprise, pragmatism, and responsibility: Encouraging proactive problem-solving, accountable management, and pragmatic execution.
| Metric | 2021 | 2022 | 2023 |
|---|---|---|---|
| Revenue (CNY bn) | 4.8 | 5.4 | 6.2 |
| Net Profit (CNY bn) | 0.28 | 0.31 | 0.35 |
| R&D Spend (CNY bn) | 0.44 | 0.52 | 0.62 |
| R&D as % of Revenue | 9.2% | 9.6% | 10.0% |
| Employees | 3,800 | 4,200 | 4,500 |
| Global Sales Offices | 28 | 32 | 36 |
| Market Cap (CNY bn, year-end) | 10.5 | 12.3 | 14.8 |
- Innovation intensity: Sustained double-digit growth in R&D investment (2021-2023 CAGR ≈ 18%) to accelerate product upgrades and IP generation.
- Customer value creation: Average contract renewal rate >70% in key industrial segments due to integrated automation solutions and service models.
- Talent and diligence: Employee productivity (revenue per employee) increased from ~CNY1.26m in 2021 to ~CNY1.38m in 2023, reflecting skill development and process improvements.
- Partnerships and collaboration: Strategic alliances expanded, contributing to >20% of new order intake in 2023 through joint offerings with system integrators and component suppliers.
- Corporate governance: Board oversight emphasizes ethical compliance, risk management, and long-term shareholder value.
- Sustainability commitments: Investments in energy-efficient automation and circular practices reduce scope 1-2 emissions intensity per revenue unit year-over-year.
- Community impact: Vocational training programs and local manufacturing projects have upskilled thousands, reinforcing social value creation.
- Advanced core robotics and collaborative robot platforms to address automotive, electronics, and logistics automation demand.
- Software and systems integration to shift from product sales to solution and service-based revenue streams.
- Global market expansion leveraging partnerships and localized service capabilities.

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