Baotong leans on Unitree to build industrial robots, yet its R&D spend fell after going all-in on AI

On 29 August, Baotong Technology, a firm built on games and industrial internet, released its half-year report. With both businesses recovering, revenue and profit rose together, but the longer arc is uneven: gaming is volatile, and Baotong’s two main lines have little in common. Baotong Mine-Rhino (Kuangxi) quadruped inspection robot built on a Unitree base. … Read more

Carmakers are racing to put humanoids on the factory floor, and hitting the wall of battery life, cost and digital readiness

Morgan Stanley expects the humanoid robot market to reach USD 5 trillion by 2050. BMW, Renault, Mercedes-Benz and Tesla are already testing the machines in their factories, and Hyundai, Mitsubishi and XPeng are moving in too. Carmakers move into pilot mode Tesla has stopped production of the Model S and Model X and shifted the … Read more

Siling Zhiqu confirms Tesla-chain primary-supplier status as harmonic reducers enter production

Many readers have asked about Tesla-chain suppliers. With no non-public detail to share, the half-year reports offer a public view. The first three were Sanhua, Tuopu and Rongtai. today it is Siling Zhiqu. On 26 August, Siling Zhiqu published its half-year report: revenue of 421 million yuan, up 7.61 per cent, and attributable net profit … Read more

China’s No.2 harmonic-reducer maker Laifull holds over 400,000 orders as margin jumps 148 per cent

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

Midea unit breaks ground on a RMB 2 billion precision-reducer base

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

Garden-equipment maker Zhongjian sinks RMB 1.2 billion into robots after a fine

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

Chinese cobot maker FAO Robotics starts A-share IPO tutoring with a RMB 7 billion-plus valuation

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

Veteran Chinese bearing maker Luoyang Bearing lists on ChiNext after 70 years, raising RMB 1.97 billion

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

Singapore toilet-cleaning robot startup Hivebotics raises US$6 million to scale Abluo

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