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Continuously accumulating technological potential, the outflow of domestically produced floor-sweeping robots is flourishing.
In recent years, the global smart home and service robotics market has been growing vigorously. Compared to the domestic market's "enthusiasm", the high premium of the overseas market is attracting more and more Chinese robot vacuum cleaner manufacturers to expand their overseas business.
Private Companies Invested in Ecovacs Robotics Co., Ltd. (SHSE:603486) Copped the Brunt of Last Week's CN¥825m Market Cap Decline
GF Sec: Sweepers and scrubbers are experiencing a simultaneous increase in both quantity and price, while scrubbers are being exchanged for quantity through price.
The mainstream brand sales of sweeping robots are approaching each other, and competition is becoming increasingly fierce. Product breakthrough innovations have decreased, and the industry average price has rebounded. All-in-one products have a stable mainstream position, while stand-alone products have further shrunk their market share.
Founder of Company Nine scolded competitors: malicious poaching with several times the salary, steal secrets and then fire employees.
Recently, a screenshot of a chat where Wang Ye, the founder and CEO of Jiuhao Company, angrily rebuked his peers for maliciously poaching employees has been circulating online. In the CEO group chat of Xiaomi's ecosystem with nearly 500 members, Wang Ye claimed that a certain company in the group has been maliciously poaching employees, using a so-called "finger-cutting plan" that only harms others without benefiting oneself. For years, they have been poaching employees from Ecovacs Robotics, Stone, and Jiuhao, offering double or triple the salary and then firing them three months later after extracting all the technical and business secrets. Wang Ye warned that such practices undermine user value creation in favour of short-term gains.
Ecovacs Robotics Co., Ltd.'s (SHSE:603486) Intrinsic Value Is Potentially 64% Above Its Share Price
Just Two Days Till Ecovacs Robotics Co., Ltd. (SHSE:603486) Will Be Trading Ex-Dividend
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