Limiaoda raises nearly RMB 500 million to put robots inside Micron’s cleanrooms

Suzhou Limiaoda Intelligent Technology has closed B1 and B2 rounds worth close to RMB 500 million combined, with a B3 round of several hundred million already oversubscribed and in signing. Industrial capital, financial institutions and state-owned strategic investors took part, and existing shareholders followed on. Limiaoda’s composite robots handle material transfer inside class-100 cleanrooms (Source: … Read more

A car-parts supplier bets RMB 500 million that robot joints are a manufacturing problem

Fulin Precision (300432.SZ) and its wholly owned subsidiary Banqiao Intelligent plan a robot electric-joint plant in Mianyang, Sichuan, with total investment of RMB 500 million. The first phase is designed for 2 million joints and core parts a year. Banqiao Intelligent already produces 113,000 joints a month from existing capacity (Source: OFweek) The subsidiary is … Read more

Hai Robotics refiles in Hong Kong on a RMB 10.9 billion valuation and RMB 3.5 billion of losses

Hai Robotics updated its Hong Kong listing application on 13 September, seven months after its first filing in February. If it clears the hearing it becomes the first case-handling robot company listed in Hong Kong. The numbers behind the filing are the story. Hai Robotics’ case-handling robots climb the racking face and retrieve single totes … Read more

Hikvision Robotics’ listing is suspended, and the cause is an expired balance sheet

On 30 September the ChiNext review status of Hikvision Robotics changed to suspended. The trigger was procedural: its financial statements had passed their statutory validity period and needed updating. Dozens of other Shenzhen Stock Exchange applicants entered the same status in the same window, and the review restarts once the papers are refiled. The pause … Read more

China shipped 19,000 humanoids in six months. The bottleneck moved to hardware iteration

The 26th China International Industry Fair closed at the National Exhibition and Convention Center in Shanghai with robots working as guides and wheeled humanoids hauling industrial bins. The demonstrations on the stands depend on something less visible: how fast a design revision becomes a physical part. A wheeled humanoid handling industrial bins at the China … Read more