WAYTOUS

The company's business model is centered on the deployment of comprehensive autonomous systems for large-scale mining operations. Its clientele consists of major energy and mining conglomerates, including CNH Energy, China Baowu Group, and China Huaneng Group. By providing end-to-end solutions, WAYTOUS enables these enterprises to enhance operational safety, improve efficiency, and move towards more sustainable, green mining practices. The business has demonstrated significant traction, securing multiple rounds of funding, including a Series A round in 2019, and subsequent Series C funding in 2022 from investors such as CICC Capital, Far East Horizon, and Cathay Cartech Fund.

At the core of its offering is the proprietary "YuKon" parallel mine operating system. This system is an integrated platform that includes several key sub-systems: an autonomous fleet management system that acts as the 'cloud-based brain' for the mine, a collaborative loading management system, and an autonomous mining truck system. A significant feature is the parallel simulation system, which allows for the creation of a digital twin of a real mine. This enables the testing and validation of operational strategies in a virtual environment, improving deployment efficiency and safety. WAYTOUS has also developed hardware like the "Xuanwu" high-performance domain controller and new energy vehicles like the cabless, autonomous CarMo truck, which can be powered by batteries or hydrogen fuel cells.