The Belt Laifull Harmonic, the ‘first harmonic-reducer share’ on the Hong Kong market, recently disclosed its first half-year report since listing. In the first half of 2026 it posted revenue of 142 million yuan, up 80.1 per cent from 78.97 million yuan a year earlier, and gross profit of 38.83 million yuan, up 148.3 per cent, with … Read more
On 3 September, the JiYa Precision green smart base for robot-core precision parts held its groundbreaking in Beijiao, Shunde. It is the first project built on Foshan’s ‘lease-then-grant’ industrial land, taking only seventeen days from land acquisition to start. Positioned as a precision-reducer smart-production base, the project covers about 70.71 mu, or 47,138 square metres, … Read more
In mid-August, Zhongjian Technology faced a proposed 3.9 million yuan fine for fabricating a signing event with Huawei’s embodied-intelligence centre and for false disclosure, dragging it into controversy. Amid the storm, the veteran garden-equipment maker has not slowed its robotics expansion. Recently Zhongjian and its subsidiary Shanghai Huazhijian signed an intelligent-robotics industrialisation project agreement with … Read more
On 27 August, Hugging Face and its French robotics unit Pollen Robotics released Microduck, a bipedal robot duck priced at US$399, 25 centimetres tall, under 800 grams and fitted with 15 motors. Orders passed US$1 million in six hours and US$2.6 million within 24 hours, roughly 6,500 units, at a peak of one sold every … Read more
DeepSeek, one of the so-called Hangzhou Six Little Dragons, is preparing to list on the STAR Market and has engaged CITIC Securities to lead the IPO work, according to the latest reports. In 2026 DeepSeek reversed its long-standing ‘no external funding’ stance. Since its first external round in April, it has run several raises, with … Read more
A layoff dispute has created multiple headaches for Xingyu Automotive Lighting Systems: the Hong Kong exchange’s listing review, overseas clients’ compliance probes and a wider clash of governance norms across global supply chains. On 7 September Xingyu published an external handling notice via its official account, disclosing executive accountability, remediation steps and an apology to … Read more
The domestic collaborative-robot track gained another IPO contender. FAO Robotics of Suzhou recently started A-share listing tutoring with Guotai Junan Haitong as its sponsor. The IPO path has moved steadily this year: the company completed its joint-stock restructuring in March 2026, signed a tutoring agreement with Guotai Junan Haitong in August, and had its tutoring … Read more
On 9 September, Luoyang Bearing Corporation, a Chinese high-end bearing maker with more than seventy years in the field, began trading on the ChiNext board of the Shenzhen Stock Exchange, adding a fresh name to the list of robot-core-component plays on the A-share market. The firm filed for IPO tutoring with Henan regulators in July … Read more
On 4 September, Singapore robotics firm Hivebotics closed a US$6 million Series A round, a modest sum next to the hundreds of millions common in China’s robot sector, yet notable for who wrote the cheque. The round was led by Vertex Ventures Southeast Asia and India, with Fareast Land Development, the property arm of Taiwan’s … Read more
Zhidx reported on 9 September that US AI coding unicorn Cognition has closed a Series E above US$2 billion, about RMB 13.4 billion, at a valuation of US$48 billion, about RMB 322.1 billion. Cognition co-founder and CEO Scott Wu. (Source: Zhidx) The round was led by new investors a16z and Accel, with existing backers Founders … Read more