3.1 · What Is Validated3.1 · 已验证的部分
3.2 · What Is Not3.2 · 尚未完成的部分
What Is Already True, and What Is Not
哪些已经是事实，哪些还不是
These pages have one job: to stop anyone mistaking a validated pilot for a running business. The left column is measured. The right column is empty, and it will stay listed as empty until it is not.
这几页只有一个任务：不让任何人把一个已验证的中试误认为一门正在运转的生意。左边一栏是实测数据，右边一栏是空的——并且在它不再为空之前，它会一直以空的状态被列着。
3.1
What Has Been Validated已验证的部分
| Metric指标 |
Current pilot value当前中试值 |
Conventional benchmark常规对照 |
Basis数据性质 |
| Cycle to transplant grade育苗至移栽标准周期 |
4 months4 个月 |
12–18 months12–18 个月 |
Pilot measured中试实测 |
| Batches per year年产批次 |
3 | 1 |
Pilot measured中试实测 |
| Survival rate成活率 |
92–96% |
70–85%70–85% |
Pilot batch statistics中试批次统计 |
| Batch consistency (CV of biomass)批次一致性（生物量变异系数） |
<8% |
Not controlled不可控 |
Pilot batch statistics中试批次统计 |
| Cost per seedling单株成本 |
¥6.61 |
¥18–25 purchased-in外购苗 ¥18–25 |
Pilot cost accounting中试成本核算 |
| Market price per seedling单株市场售价 |
¥25 |
Nursery list price苗圃挂牌价 |
Market reference市场参考价 |
| Unit gross margin单位毛利率 |
73.5% |
Nursery: ~35–45%苗圃：约35–45% |
Derived推算 |
| Water consumption用水量 |
>90% saving节水 >90% |
100% baseline100% 基准 |
Flow-meter accounting流量计核算 |
| Pesticide application农药使用 |
0 |
Routine schedule常规施药 |
Operational fact运营事实 |
| Flavour precursor content风味前体物质 |
Indicative — needs third-party assay指示性——待第三方检测 |
— |
Internal screening内部筛查 |
Pilot values come from the current validation bay, not from a commercial-scale module. Third-party verification of the cost, survival and flavour-precursor lines is one of the explicit line items in this round's use of funds.中试值来自当前验证舱，而非商业级模块。成本、成活率与风味前体三项的第三方验证，是本轮资金用途中的明确科目。
3.2
What Has Not Been Done尚未完成的部分
Not done — and we will not imply otherwise未完成——我们不会暗示相反
- No mass production. The commercial module exists as an engineered design, not as steel on the ground.未量产。商业级模块目前是工程图纸，不是已落地运转的设备。
- No scaled revenue. Revenue to date is negligible; there is no commercial shipment record.无规模化收入。累计收入可忽略，无商业出货记录。
- No audited financial statements.无审计财务报表。
- No purchase orders or letters of intent from plantation customers.未取得种植园客户的采购订单或意向书。
- Patent is not yet granted — preliminary examination only.专利尚未授权——仅完成初步审查。
- No third-party cupping panel has scored the output.尚未由第三方杯测机构对产出评分。
- No ESG, water-footprint or carbon baseline certified by an accredited body.尚无权威机构认证的 ESG、水足迹或碳基线。
What we do have我们已经有的
- A filed invention patent on the full-cycle method and system, preliminary examination passed 2026-09-09.一项已提交的发明专利，覆盖全周期方法与系统，2026-09-09 初审合格。
- A working pilot process that repeatedly produces transplant-grade seedlings in 4 months.一套可运转的中试工艺，可重复地在 4 个月内产出达移栽标准的幼苗。
- A multi-batch parameter library — the compounding asset described in the technology section.一份多批次参数库——即技术章节所述的复利型资产。
- A complete cost model with line-itemed capex and opex per standard module.一套完整成本模型，含单标准模块的资本开支与运营成本明细。
- Two co-founders with a documented operating record — the prototype and the patent filing are both their own work; one leads hardware and systems, one leads operations and commercial scale-up, with three senior seats scoped and budgeted under this round. See Founding Team.两位有完整操作记录的联合创始人——原型机与专利申报均出自二人之手；一位负责硬件与系统，一位负责营运与商业规模化。本轮已界定并预算三个高级岗位。详见创始团队。
- A climate-driven demand thesis corroborated by ICO research, not by our own extrapolation.一条气候驱动的需求逻辑，由 ICO 研究支撑，而非我方外推。