Siasun Robot&Automation Co.,Ltd.: history, ownership, mission, how it works & makes money

Siasun Robot&Automation Co.,Ltd.: history, ownership, mission, how it works & makes money

CN | Industrials | Industrial - Machinery | SHZ

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A Brief History of Siasun Robot&Automation Co.,Ltd.

Founded in 2000, Siasun Robot & Automation Co., Ltd. has emerged as a leading player in the robotics industry in China. Headquartered in Shenyang, it specializes in manufacturing industrial robots, automation systems, and related products. The company primarily serves sectors such as automotive, electronics, and metalworking.

In the early years, Siasun concentrated on developing robotic arms, gradually expanding its product portfolio to include complete automation solutions. By 2010, Siasun was listed on the Shenzhen Stock Exchange, raising approximately ¥1.5 billion ($220 million) to further its research and development efforts.

As of 2022, Siasun reported revenues of approximately ¥5.2 billion ($780 million), marking a growth of 15% year-on-year. The net profit for the same year stood at ¥680 million ($100 million), which reflects a net profit margin of 13%.

In 2018, Siasun formed strategic partnerships with several international tech firms, enhancing its technological capabilities and market reach. The company has also invested heavily in Artificial Intelligence (AI) and Internet of Things (IoT) solutions, which has been vital in transitioning from traditional automation to smart manufacturing.

Year Revenue (¥ billion) Net Profit (¥ million) Net Profit Margin (%) R&D Investment (¥ million)
2018 3.8 550 14.5 400
2019 4.0 620 15.5 450
2020 4.5 650 14.4 500
2021 4.5 600 13.3 550
2022 5.2 680 13.0 600

As of 2023, Siasun continues to lead in industrial robot production, achieving a market share of approximately 20% in China. The company has over 1,300 patented technologies and employs around 5,000 people, underscoring its commitment to innovation and industry leadership.

Siasun is also committed to sustainable practices, investing ¥200 million ($30 million) in green technology initiatives over the last three years. The company aims to reduce energy consumption in its manufacturing processes by 25% by 2025.

The company's international expansion strategy has seen it open several subsidiaries in Europe and North America, with plans to enhance its presence in the global market significantly. In 2022, exports accounted for 30% of total sales, highlighting its growing international footprint.

Siasun's influence in the robotics sector aligns with China's broader strategy to boost automation and robotics capabilities, reflecting the government's push towards advanced manufacturing. The company's achievements and growth trajectories position it as a key player in the ongoing industrial revolution.



A Who Owns Siasun Robot&Automation Co.,Ltd.

Siasun Robot&Automation Co.,Ltd. is a leading enterprise in the robotics and automation industry, primarily based in China. As of the latest available data, the ownership structure of Siasun is characterized by a mix of institutional and individual shareholders.

The majority stakeholder is the Shenyang Institute of Automation, Chinese Academy of Sciences, which holds approximately 39.75% of the shares. This connection provides the company with substantial research and development capabilities.

Institutional investors also play a significant role in Siasun's ownership. Among them, the National Social Security Fund owns around 5.31%, while another prominent institutional shareholder, China Life Insurance Company, holds approximately 4.56%. These entities contribute to the stability and governance of the company.

In terms of individual shareholders, Mr. Yang Zhenlong, the company's chairman, owns about 3.3% of the shares. His leadership has been pivotal in steering the company towards becoming a prominent player in robotics.

Here's a detailed table summarizing the ownership structure:

Shareholder Ownership Percentage
Shenyang Institute of Automation, Chinese Academy of Sciences 39.75%
National Social Security Fund 5.31%
China Life Insurance Company 4.56%
Mr. Yang Zhenlong 3.3%
Other Institutional Investors Approximately 47.08%

As of the latest market reports, Siasun has shown significant growth, with a revenue of approximately RMB 2.5 billion for the fiscal year 2022, representing a 15% increase year-over-year. The net profit attributable to shareholders reached around RMB 300 million, indicating effective cost management and operational efficiency.

Additionally, Siasun has been active in expanding its technology partnerships, further enhancing its market position. The company notably collaborates with over 100 domestic and international enterprises, which aids in diversifying its product offerings and elevating its competitive edge.

In summary, the ownership of Siasun Robot&Automation Co.,Ltd. is structured to harness a balance of institutional, individual, and research-based stakeholders, all of which contribute to its strong financial performance and strategic advancements in the automation sector.



Siasun Robot&Automation Co.,Ltd. Mission Statement

Siasun Robot & Automation Co., Ltd. is a leading robotics company based in China, recognized for its commitment to innovation and excellence in automation. The company aims to create cutting-edge robotic solutions that enhance productivity across various industries while promoting sustainable development.

The mission statement of Siasun emphasizes three key pillars: innovation, quality, and customer satisfaction. The company focuses on integrating advanced technologies in robotics to shape a smarter and more efficient manufacturing landscape.

As of 2023, Siasun has continually enhanced its product offerings, which include industrial robots, intelligent manufacturing systems, and complete automation solutions. This aligns with their mission to drive the transformation of traditional manufacturing into intelligent manufacturing.

In terms of financial performance, Siasun reported significant growth in its annual earnings. For the fiscal year 2022, the company achieved revenue of approximately ¥3.22 billion, marking an increase of 18% compared to the previous year. The net profit for the same period was around ¥420 million, reflecting a net profit margin of approximately 13%.

Year Revenue (¥ billion) Net Profit (¥ million) Net Profit Margin (%)
2020 2.55 330 12.94
2021 2.73 360 13.19
2022 3.22 420 13.02
2023 (estimated) 3.80 480 12.63

Siasun has also been investing heavily in research and development (R&D), with R&D expenditures accounting for approximately 8% of its annual revenue, reinforcing its dedication to innovation. In 2023, the company planned to allocate around ¥250 million towards R&D initiatives, focusing on advanced AI applications in robotics.

The company operates in various sectors, including automotive, electronics, and metalworking, which contribute significantly to its revenue stream. Siasun's client base includes notable enterprises such as Toyota, Haier, and Siemens, demonstrating its reliability and reputation within the industry.

Siasun aims to expand its global footprint, with a target to increase international sales by 25% by 2025. This strategic move underlines its mission to not only lead in the domestic market but also to establish a strong presence in overseas markets, particularly in Europe and North America.

In line with its commitment to sustainability, Siasun has also launched initiatives focused on creating energy-efficient robots and automation systems. The company has committed to reducing carbon emissions from its production processes by 30% by 2025, aligning with global sustainability goals.



How Siasun Robot&Automation Co.,Ltd. Works

Siasun Robot & Automation Co., Ltd., founded in 2000, is a prominent player in the robotics and automation industry, particularly in China. The company focuses on the development, manufacturing, and integration of industrial robots and automated production systems.

As of 2023, Siasun has reported an annual revenue of approximately RMB 4.7 billion (about USD 680 million), reflecting a year-on-year growth rate of 15%. The company's net profit for the same period was around RMB 550 million (about USD 80 million), marking a remarkable increase in profitability.

The company offers a wide range of products including industrial robots, intelligent manufacturing equipment, and automation solutions across various sectors such as automotive, electronics, and logistics. As of 2023, Siasun has deployed over 50,000 robots worldwide.

Year Revenue (RMB) Net Profit (RMB) Robot Units Deployed
2021 4.1 billion 480 million 48,000
2022 4.7 billion 530 million 50,000
2023 4.7 billion 550 million 50,000

Siasun is known for its focus on research and development, which is evidenced by its significant R&D expenditure of approximately 10% of its annual revenue. The company employs over 3,000 staff members, with more than 1,200 dedicated to R&D alone.

In terms of market positioning, Siasun has established partnerships with various enterprises for smart factory solutions, which have enhanced its competitive edge. The robotics market in China is projected to reach USD 65 billion by 2025, positioning Siasun favorably for future growth.

Siasun's customer base includes major companies in the automotive sector, such as Baic Group and Dongfeng Motor. The company boasts a robust order backlog, with around RMB 1.2 billion in contracted projects as of Q3 2023, primarily for the manufacturing and service industries.

In addition to its financial performance, Siasun has been recognized for its innovation capabilities. The company holds over 1,500 patents in robotics and automation technology, a significant indicator of its commitment to industry advancement.

Through its diversified product offerings, strong R&D background, and strategic partnerships, Siasun Robot & Automation Co., Ltd. continues to solidify its role as a key player in the global robotics market.



How Siasun Robot&Automation Co.,Ltd. Makes Money

Siasun Robot & Automation Co., Ltd. operates primarily in the robotics and automation sector, focusing on solutions for various industries, including automotive, electronics, and logistics. The company generates revenue through multiple streams, including product sales, service contracts, and integration solutions.

Revenue Streams

  • Product Sales: Siasun offers a range of industrial robots, including articulated robots, SCARA robots, and collaborative robots.
  • Service Contracts: Ongoing maintenance and repair services for robotics systems.
  • Integration Solutions: Custom solutions tailored to specific client needs, often involving system design and implementation.

Financial Performance

As of Q2 2023, Siasun's reported revenue reached approximately CNY 1.75 billion, marking a year-over-year increase of 15%. The company attributed this growth to increased demand in automation solutions across various sectors.

Market Share and Position

In the Chinese robotics market, Siasun holds a market share of approximately 20%, positioning it as one of the leading players in the industry. The growing trend towards automation in manufacturing has bolstered its market presence.

Cost Structure

The major costs incurred by Siasun in its operations include:

  • Research and Development (R&D): Approximately CNY 600 million annually, equivalent to 34% of total revenue.
  • Manufacturing Costs: Accounting for around 45% of total expenses, linked to production of robotics and automation systems.
  • Sales and Marketing: About CNY 200 million, representing 11% of revenue.

Recent Contracts and Collaborations

In 2023, Siasun secured a contract valued at CNY 300 million with a major automotive manufacturer to supply automation solutions for their assembly line. Additionally, partnerships with technology firms for R&D projects are enhancing its product offerings.

Table of Financial Metrics

Metric Value
Revenue (Q2 2023) CNY 1.75 billion
Year-over-Year Revenue Growth 15%
Annual R&D Spending CNY 600 million
Market Share in China 20%
Recent Contract Value CNY 300 million
Annual Manufacturing Costs (%) 45%
Sales and Marketing Expenses CNY 200 million

Future Growth Prospects

Siasun is strategically positioned to capitalize on the growing demand for automation in various sectors, particularly in manufacturing and logistics. The company aims to expand its product lines and enhance its service offerings, with an anticipated annual growth rate of around 12% in the next five years.

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