We are a digital twin technology company in China. We have developed core competencies in technology around three major areas: 3D graphics, simulation, and AI.
A digital twin technology is a technology that employs graphics, simulation and AI to generate a highly accurate, virtual replica of a physical object or a system such as a city building or a vehicle. This virtual model can mirror the real-world counterparts in detail, allowing users to observe, analyze and predict how it behaves and changes over time. Digital twins are used in various fields to simulate and plan scenarios such as urban development, traffic management, and emergency response strategies with those impacting the actual environment. We offer our digital twin solutions mainly to enterprises of varying sizes and of various industries. Our industry solutions span over 10 sectors, such as cities, water conservation, energy, automotive, transportation, robotics, entertainment, and social media. Our suppliers mainly consisted of hardware vendors, such as all-in-one PCs and specialized equipment, and software vendors, such as scene design, art rendering, and digital model modeling.
Set forth below are several milestones we have achieved through continuous technological breakthroughs, product iterations, and scenario extensions:
‧ We are a reputable technology company in the digital twin industry in China, ranking first in the following key metrics for technology companies, according to Frost & Sullivan:
- We were the first in the digital twin industry to propose and consistently implement the Earth Clone ProjectNote;
- We ranked first in terms of revenue in 2024 in the digital twin industry in China;
- We ranked first in terms of the amount of financing in the digital twin solution market in China as of December 31, 2024;
- We were the first to achieve revenue of HK$250 million in a year in the digital twin industry in China;
- We are the sole company in China’s digital twin industry capable of delivering comprehensive digital twin solutions; and
‧ We have formed three core businesses, namely 51Aes (Digital Twin Platform), 51Sim (Synthetic Data and Simulation Platform) and 51Earth (Digital Earth Platform), and have released commercialized products and solutions in all of these three business lines.
‧ We have abundant IP rights and play an active role in shaping domestic and international standards. As of the Latest Practicable Date, we had 265 software copyrights and valid authorized patents, and had participated in the formulation of 41 international, local and group standards for digital twins and related applications.
‧ We have built a substantial customer base. Since our inception, we have provided our products and solutions to more than 1,000 enterprise customers mainly in mainland China with our business also growing in other countries and regions.
OUR BUSINESS AND PRODUCTS
With our profound understanding and interdisciplinary application of the three core technologies of digital twin, namely 3D graphics, simulation, and AI, as well as our engineering and commercialization capabilities across these three technologies, we mainly offer products and solutions under three businesses:
51Aes is, our digital twin development and application platform which aims to enhance enterprise customer design and operational efficiency, supporting the transformation of digital intelligence across various industries. The three core products of 51Aes include AES (All Elements Scene), WDP (WORLD Developer Platform, a digital twin SaaS platform), and ISE (infinite simulation engine). The industry solutions offered by 51Aes include 51CIM (City Information Modeling), 51WIM (Water Information Modeling), and 51XIM (Industrial and Energy Information Modeling), covering more than 10 sectors such as cities, parks, village, water conservation, water affairs, industry, energy, real estate, medical care, and education.
51Sim, is a leading synthetic data and simulation platform in China. Its core products include SimOne, a simulation platform for intelligent driving and robotics, DataOne, a data closed-loop and synthetic data platform, and TIM, a platform for traffic information modeling. Utilizing advanced data- driven simulation technology, distributed cloud simulation technology, end-to-end simulation technology, generative AI technology and other core technologies, 51Sim provides customers with software products and solutions for intelligent driving simulation testing and synthetic data used for AI system training to improve the safety and performance of intelligent driving systems. 51Sim has already provided commercialized services to hundreds of customers in the intelligent driving industry. Besides, several products of 51Sim have pan-industry extensibility, and are intended to build general simulation and synthetic data platforms for more industries.
51Earth embodies the history of our brand, technology and product development with a vision to create a digital twin world that is accessible to and contributable by both enterprises and consumers.
While the development and commercialization of 51Earth is a long-term goal, the platform is currently focused on laying the groundwork by providing the digital twin assets required by See3 and Short3A developers while continuing to accumulate data to support its long-term vision. We launched 51Earth.com on March 1, 2024, offering free access to 51Earth Builder and 51Earth Dev Kit on July 1, 2024. As of the Latest Practicable Date, 51Earth.com has attracted thousands of builders and developers.
Source: 51World (06651) Prospectus (IPO Date : 2025/12/18) |