In the first half of 2026, Ruisong Technology posted its strongest results since listing. Revenue reached RMB 625 million, up 71.67 per cent, and net profit attributable to shareholders was RMB 41.84 million, up 3,349.46 per cent, swinging to profit. Deductible net profit was RMB 39.02 million, up 1,338.79 per cent, and operating cash flow … Read more
On 15 September, Unitree traded at RMB 469.88, down 57 per cent from its 19 August IPO high of RMB 1,100, yet its market value still stood near RMB 190 billion. More than ten embodied-AI firms including Yunxi, AgiBot, Zhongqing, Galbot and Leju have started IPO processes, and valuation has turned into a brawl. Mech-Mind’s … Read more
On 1 September, Shao Tianlan took Mech-Mind to the Hong Kong exchange. Nine days later, the chief executive of a robot firm worth HK$10.4 billion publicly accused Galbot, an embodied-AI star valued at RMB 20 billion, of fabricating “false and unsustainable” revenue through data centres and related-party deals with local governments, investors and suppliers. The … Read more
In mid-August, Zhongjian Technology was fined RMB 3.9 million for fabricating a signing with Huawei’s embodied-AI innovation centre and for false disclosure, dragging it into controversy. Despite the storm, the old-line garden-machinery leader has not slowed its robotics expansion. Zhongjian and its subsidiary Shanghai Huazhijian recently signed an intelligent-robot industrialisation project with the Yongkang government, … Read more
Before Henry Ford’s moving line in 1913, cars were hand-built luxuries. Assembly fell to 93 minutes and cost collapsed. Today’s humanoids look like cars before 1913: the tech dazzles, but building one unit and stably building ten thousand are two different problems. Demo after demo shows dancing and tray-carrying, yet at scale there is no … Read more
Guoxun Robotics, a Hangzhou developer of industrial inspection robots, has closed two funding rounds totalling tens of millions of yuan within roughly six months, with Jiuzhao Investment, Yueke Financial Group and Liang Venture Capital co-investing, the firm’s backer Chenyuan Capital said. The new money carries weight because Yueke Financial Group is Guangdong’s largest state-owned fund-management … Read more
Hai Robotics refreshed its Hong Kong Stock Exchange listing application on 13 September, restarting a process first filed in February, and is positioning itself as the exchange’s first ACR stock. ACR stands for case-handling mobile robot, the box-style warehouse machine the company pioneered. Before the listing the firm had already completed 15 rounds of equity … Read more
Kinetix AI, a full-stack embodied-intelligence company, has closed an angel-plus round of more than RMB 500 million, with Vertex Capital, the venture arm under Singapore’s Temasek, alongside Fangguang Capital and Wanshi Capital adding to the round. The proceeds will accelerate the firm’s data-model-embodiment loop and push its embodied products toward commercial deployment. The company was … Read more
Zhejiang Qingtian Lituo Robot Co has broken ground on a project that will build a digital factory for smart logistics robots at a planned capacity of 5,000 units a year. The site covers 40 mu and will produce AGV handling robots, smart warehouse systems and the software that runs them, aimed at the intelligent-upgrade needs … Read more
Wanxun, a global front-runner in flexible embodied intelligence, has released NOVA 2.0, the Neuromorphic Omniversal Versatile Architecture, which it calls the industry’s first open-world, all-weather, commercial-delivery-grade embodied intelligence architecture. It is forged from more than 10 million multi-dimensional extreme-condition operations across 40-plus real industry scenarios. Somatic intelligence against extreme conditions Embodied intelligence is moving out … Read more