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36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

36Kr learned that Huituo, an unmanned enterprise in smart mines, officially announced that it had completed nearly 300 million yuan of C round financing, rewriting the single largest financing record in the track. The round of financing was led by CICC Capital's CICC SAIC Emerging Industry Fund, and Yuexiu Industrial Fund and BOC International's Bohai Zhongsheng Fund jointly followed, and Hanergy Investment continued to serve as the exclusive financial advisor. In the past six months, Huituo has won two rounds of financing totaling more than 500 million yuan, setting a new high for the track.

Huituo focuses on the field of unmanned and intelligent mine, under the guidance of chief scientist Professor Wang Feiyue's more than 30 years of research experience in the field of intelligent control, supported by the world's first ACP parallelism theory, in the process of independent research and development of "parallel mine operating system", the core technology research and real scene needs are combined to create a smart mine operation platform of all models, multiple minerals and full-scene adaptation - Yugong YUGONG, and has made a major breakthrough in the key core technology field of "card neck". Its ten technical advantages are accelerating into productivity-enabled smart mine construction, and also boosting Huituo to be at the forefront of the industry.

36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

Huituo Yugong YUGONG parallel mine operating system

"The past 2021 has been a year of full speed forward for Huituo, with several large mines in the four major industries completing historic deliveries, large-scale replication of projects accelerating in an all-round way, and completing a technical malleability breakthrough in the new field of well engineering and mining, and achieving rapid growth in the overall business." Professor Chen Long, co-founder and CEO of Huituo, introduced to 36Kr: "Thank you to investors for their support and trust in Huituo. As a 'national team' science and technology enterprise incubated by the Chinese Academy of Sciences, Huituo should bravely shoulder the heavy responsibility of being a vanguard, continue to promote scientific and technological innovation, comprehensively accelerate the landing process of large-scale industries, empower more new scenarios, serve the national energy security strategy, and provide strong support for the high-quality development of national energy mining enterprises, accelerate the construction of a manufacturing power, develop the digital economy, and realize the double-carbon strategy. ”

Break through the extremely cold working conditions, safety officers get off the bus, and have excellent strength to cash in commercial high-quality delivery

In 2021, Huituo's commercialization speed and scale capabilities have attracted the attention of the industry. By the end of 2021, the total amount of commercial orders will reach 500 million yuan, and the repurchase rate will exceed 70%, ranking the forefront of the industry.

In September 2021, the world's first extremely cold 5G+220 tons unmanned truck marshalling operation project cooperated by the National Energy Group Dayan Company (Baori Shearer Energy) and Aerospace Heavy Engineering Equipment Co., Ltd. (hereinafter referred to as "Aerospace Heavy Industry") and Huituo passed the industrial demonstration operation safety review and scientific and technological achievement appraisal of the China Coal Industry Association, and the results reached the international advanced level, achieving two "world firsts" and three "domestic firsts". It has filled a number of gaps in the field of unmanned mining equipment technology in the current extremely cold areas, and played a leading role in the relevant fields in China, and the experience can be copied and promoted.

36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

The unmanned mining card of the National Energy Group Dayan Company (Baori Shearer Energy) is operated in five-car groups

The project realizes the continuous operation of 220 tons of unmanned mining trucks in 5-car groups under the extremely cold working conditions of mining 42 degrees Celsius, all-weather uninterrupted operation; the operating speed reaches the highest speed in the industry of 40 kilometers per hour, exceeding the specified hourly 30 kilometers per hour of manned driving, and the comprehensive efficiency of unmanned transportation is not lower than that of manned driving; and the formation of unmanned trucks and excavators, remote control bulldozers, road levelers and other auxiliary operating vehicles complete open-pit coal mine unmanned transportation operation system.

Yu Jinsong, general secretary of the general branch and chairman of the Aerospace Heavy Industry Party, said: "The cooperation with Huituo has been three years, and in these three years we have seen Huituo's dedication to technology, the stability of project delivery and the sincerity of its partners. In the past three years, we have jointly participated in the intelligent construction of many large-scale mines in China, witnessing the rapid growth of Huituo, and Huituo's technical strength and landing projects are the industry leaders. We look forward to continuing to work with Huituo to promote the development of smart mines in China. ”

The high-quality delivery of the project marks the full empowerment of smart mines by the parallel mine operating system independently developed by China. At the same time, Huituo has promoted the standardization of the entire mine unmanned industry and created a standardized delivery process in the landing process of a large number of projects. Based on the above standards, Huituo cooperated with Huaneng Group Yimin Coal and Power Company and Baidu to complete the project delivery in only half of the specified time, and took the lead in the industry to realize the "safety officer get off the car" level unmanned and manned mining truck mixing operation.

Accelerate large-scale replication and reshape the commercial value of unmanned mines

Mature technical solutions and standardized delivery processes have enabled Huituo to achieve rapid large-scale replication in multiple mine scenarios. In less than two years, Huituo has participated in nearly 80% of the country's top ten coal mines' smart mine unmanned projects, and has also created benchmarking commercial landing projects in the metallurgical, nonferrous and cement industries.

36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

China Baowuma Steel Mining unmanned mining card is carrying out "loading-transport-platooning" operations

In September 2020, Huituo, together with Masteel Mining, a subsidiary of China Baowu, the world's largest steel company, pioneered the unmanned and manned mixed operation of multiple minecarts in domestic metallurgical open-pit mines, taking the lead in realizing the "safety officer getting off the car" in the industry; in August 2020, Huituo cooperated with Yunnan Tin Hualian Zinc Indium Company to achieve the precise control operation of unmanned mine cards in the rainy summer, muddy roads and foggy weather conditions in southern Yunnan, meeting the urgent needs of "machine substitution" in mining areas; In April 2021, Huituo joined hands with Jidong Cement to build the first all-mine pure electric, digital 5G intelligent mine unmanned mine unmanned project in the domestic cement industry, which was highly praised by the main leaders of Shanxi Province during the National Safety Production Month.

Up to now, Huituo has delivered more than 200 unmanned vehicles, with comprehensive services including national energy groups, Huaneng Group, State Power Investment Group, Datang Group, China Baowu, China Coal Group, Jinyu Group, China Resources Group and other top domestic energy groups and mining enterprises, landing in more than 30 mining areas. The customer partners agreed that The parallel mine operating system independently developed by Huituo - Yugong YUGONG can greatly reduce labor costs, improve the efficiency of production operations, and provide complete platform support for the realization of green, safe, intelligent and sustainable development of mining areas in combination with social development factors.

Delivered China's first unmanned transportation project for wells and mines to accelerate the construction of the mine industrial Internet

China's coal resources are widely distributed, the coal seam is buried deeply, and the number of wells and mines accounts for up to 80%, far exceeding the open-pit mines, but mining is relatively difficult, and the geological environment is more harsh and complex. In 2020, Huituo began to lay out the unmanned well engineering and mine, and completed the landing transformation of key technologies in more than a year.

In September 2021, Huituo, Shaanxi Coal Group Xiaobaodang Coal Mine and China Telecom jointly built Xiaobaodang "5G + Smart Mining Area" passed the acceptance. Experts from the acceptance team said that the project has made a number of key technological breakthroughs in the field of unmanned well engineering and mining, multi-source heterogeneous fusion perception technology, which can adapt to the low light and water vapor interference conditions of the underground roadway; the high-precision combined positioning system developed by multiple technologies such as multi-modal high-precision map can achieve large-scale accurate positioning in the gps-free signal environment.

36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

Shaanxi Coal Group Xiaobaodang well industrial mine unmanned trackless rubber wheeler

The customer said that in the construction process of Xiaobaodang smart well industrial mining area, Huituo demonstrated its strength in undertaking large-scale projects of national energy enterprises with excellent technology and high-quality delivery capabilities. In three months, the Huituo team overcame difficulties, was rigorous and pragmatic, and closely followed the needs of customers, and was a high-quality partner of Shaanxi Coal Group. Energy is the lifeblood of the national economy, and coal is the bottom guarantee of this lifeline, standing at the historical node of the beginning of the "14th Five-Year Plan", it is expected that in the future, science and technology enterprises such as Huituo can work with the upstream and downstream of the industrial chain to deeply empower the intelligent upgrading of mines and improve the level of mine safety production, becoming a new footnote of China's coal.

Huituo provides a complete solution for unmanned transportation for the overall framework of "intelligent equipment, intelligent transportation and intelligent management" in Xiaobaodang Mining Area, actively promotes the intelligent transformation of domestic underground auxiliary transportation systems, and helps the transformation and upgrading of coal mine production. The smooth acceptance of the Xiaobaodang project has made Huituo the only company in China to provide solutions for unmanned open-pit mines and unmanned transportation scenarios for wells and mines.

Intelligent military expansion, opening a new milestone in multi-scenario commercialization

Relying on the successful landing experience and technical accumulation of semi-closed scenes in mines, Huituo will start to commercially extend the commercial landing and extension of multiple closed/semi-closed scene exhibitions such as park logistics and intelligent network construction from 2021.

In March 2021, Huituo cooperated with Guizhou Tianma Electromechanical, a subsidiary of Aerospace Science and Industry, in the field of logistics in the park, based on the Yugong system, to achieve real-time monitoring and comprehensive scheduling of logistics vehicles driven by task demand, significantly improving operation safety and production efficiency.

Huituo's park logistics solutions are replicable and generalizable, and from the mine scene to the park logistics scene, it marks that Huituo is opening a new milestone in multi-scenario commercialization.

36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

Huituo intelligent park unmanned logistics system

36Kr's first | "Huituo" completed nearly 300 million yuan of C round financing, accelerating the large-scale landing of unmanned mines

Driverless logistics vehicles in Huituo Park

At the same time, Huituo has accelerated the pace of productization synchronously, and has completed the research and development and batch delivery of products such as domain controllers, remote driving systems, V2X vehicle road perception coordination systems, VLCUs by wire, and anti-collision systems, and is expected to achieve rapid growth in product orders in 2022.

The head of CICC SAIC Emerging Industry Fund, a subsidiary of CICC Capital, said: "We continue to pay attention to the field of unmanned driving and are optimistic about the unmanned driving track in mines. Intelligent, unmanned and green mines are the key supported energy technology innovation directions supported by the state, promoting green development with scientific and technological innovation and helping to achieve the goal of "double carbon"; mining areas have stronger unmanned transformation needs and willingness to pay than open roads, trunk logistics, parks, ports and other scenarios, and the commercialization speed is faster. Under the leadership of Chief Scientist Professor Wang Feiyue and CEO Professor Chen Long, Huituo is in the leading position in the industry in terms of technology maturity, business expansion, delivery ability and other aspects, with the ability to continue to expand. As a leading enterprise in unmanned mines, the company has cut into the unmanned operation scenarios of open-pit mines and wells, and has achieved the most unmanned mine vehicles in China, with rich cases and strong benchmarking. In the future, CICC SAIC Emerging Industry Fund will give full play to the professional advantages of CICC Capital in the field of equity investment management, as well as the advantages of rich platforms and upstream and downstream related industrial chain resources, and combine industry and finance through market-oriented operation, industrial integration and comprehensive financial supporting services, so as to fully empower the development of Huituo.

Lu Rong, managing partner and president of Yuexiu Industrial Fund, said: "We continue to pay attention to and are optimistic about the scenario-based penetration and application of artificial intelligence and autonomous driving technology, especially the commercial progress and huge market size of autonomous driving in mining areas. In addition, the unmanned mining area has a more urgent alternative demand than other scenarios, which is in line with the ESG investment concept. Huituo has industry-leading technology and excellent team, and showed us the broad prospects of unmanned application in mining areas, Yuexiu Industry Fund will practice enabling investment, fully integrate the resources of the industry, and actively support Huituo to accelerate the research and development of core technologies and the large-scale commercial landing of autonomous driving.

Wang Lixin, chairman of Bohai Zhongsheng Fund under BOCI, said: In recent years, artificial intelligence technology has landed in different scenarios, promoting great changes in many industries. Closely following the wave of artificial intelligence technology empowering the field of transportation and travel, Huituo's intelligent team relies on technological innovation to continuously polish driverless software and hardware in scenarios such as industrial mines and parks, and takes the lead in realizing the large-scale landing of smart mines, smart parks and other scenarios. We are pleased to see more and more heavyweight customers cooperating with HPE to create greater social and commercial value.

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