Kokobots is a small Chinese technology company that makes and sells two main product lines: autonomous commercial cleaning robots and IoT products, primarily RFID wristbands. The cleaning robots use the company's proprietary L4 low-speed autonomous driving technology — including LiDAR, sensors, and navigation algorithms — to clean commercial spaces such as hotels, hospitals, shopping malls, and parking lots. Customers can buy or lease the robots, with leases typically running one to three years. The IoT wristbands are RFID-embedded, single-use products used at music festivals, hotels, and theme parks for contactless payments, access control, and visitor tracking. Kokobots supplies wristbands to several well-known music festivals, including Austin City Limits and Pitchfork. IoT products are the larger segment at roughly 69% of revenue, with cleaning robots at roughly 31% and growing rapidly. Revenue is heavily concentrated — a single customer, ID&C (a division of Avery Products), accounts for roughly half of total sales. Kokobots sells products through a small direct sales force and a network of distributors across 16 countries, with about 74% of revenue coming from overseas, primarily the U.S. Both product lines carry high gross margins. Robot assembly is outsourced to a third-party contractor, while wristbands are manufactured in-house. Kokobots' growth strategy centers on expanding robot sales internationally, extending its robot product line, and growing a retrofit licensing business targeting traditional cleaning equipment manufacturers.