Guangyang, a precision bearing supplier to China’s carmakers, is pushing into humanoid and industrial robots, and its first half robot revenue reached 9.9941 million yuan, still at a negative 22.56 per cent gross margin as the business starts up.
The company’s Anhui Huangshan base took land in 2025 with a total investment of 1 billion yuan, planned for 60 million high end new energy vehicle and robot precision parts a year. Phase one started production in July 2026. Drawing on nearly four decades in automotive precision manufacturing, Guangyang built a three layer system, robot bearings, joint modules and whole machines, stretching from core parts to full delivery.
Its robot parts mix spans cross roller bearings, four point contact ball bearings, micro ball bearings, rod bearings and reducers, and it has entered the supply chains of Jiya Jingji, KUKA, Huayan, Huanong, Xuanchuang and Zhuji Power, a who’s who of robot and reducer makers. To capture the robot upside fast, Guangyang bound downstream customers through partnerships, equity and joint development.
With Xuanchuang it reached mass delivery: a January strategic agreement, a first robot built in May and batch delivery expected from October. With Zhuji Power, a humanoid robot firm, Guangyang paid 20 million yuan for a 0.5525 per cent stake and became a core joint module supplier, and Zhuji’s joint module sampled in April and shipped in volume. A 30 million yuan increase into Xiangyu Electric backs embodied joint modules, with cross roller, ball and needle bearings in batch since March. A pact with Pangu Power pairs axial flux motors with mechanical assemblies for e drive and robot chassis modules.
The market noticed. From 22 July, Guangyang rose 65.04 per cent over 32 trading sessions, beating the broader index, with two straight limit up days on 2 and 3 September. By the 10 September close its market cap reached 9.224 billion yuan.
The story is a classic Chinese component play: a mature auto parts maker uses its bearing and precision know how to climb into the robot supply chain, locking customers with equity so the volume follows. Margins are negative now, but the order book is full and the customers are the names that matter.
Editor’s note: This is an adapted translation of the original OFweek report. It has been trimmed and restructured for readability for an international business audience. The full original (in Chinese) is at https://robot.ofweek.com/2026-09/ART-8321201-8120-30702735.html.