On 27 July, the Nanning Qingxiu District People’s Court opened bidding on Alibaba’s judicial auction platform for the complete set of production machinery at Nezha Auto’s Nanning base — 467 pieces of vehicle manufacturing equipment with an assessed value and starting price of just over $60 million yuan. The equipment belongs to two Nanning project … Read more
Dobot’s collaborative robot arm in operation. (Source: OFweek Robotics) Dobot (越疆科技), the world’s top collaborative-robot vendor by sales and a Shenzhen-based company, is closing in on a ChiNext (创业板) listing. Its IPO application was accepted by the Shenzhen Stock Exchange just 17 days after Beijing published a reform opinion supporting innovative firms on the board, … Read more
Bangqi’s embodied-intelligence robot deployed in a smart factory. (Source: OFweek Robotics) As manufacturing competition shifts from single-device contests to full-chain coordination, Shenzhen’s Bangqi (磅旗科技) has set its core strategy as “building whole-factory intelligent system capability.” On its self-developed industrial vertical AI model, Bangqi uses an LDS production-coordination system and an ADS multi-brand scheduling system as … Read more
Bojiang Robotics’ construction robot on a building site. (Source: OFweek Robotics) Shenzhen Bojiang Robotics (博匠机器人) has signed a strategic cooperation agreement with a leading Hong Kong smart-construction company, marking its move from “pilot use” to “scaled deployment” in the Hong Kong and Macau market. Under the deal, the Hong Kong firm will buy construction robots, … Read more
Autel’s ground robot and drone demonstration at its Shenzhen open day, July 24, 2026. (Source: Shenzhen News (sznews.com)) From demo hall to live railway At an open day in Shenzhen’s Nanshan district on July 24, Autel (道通科技) ran two scenes at once: a drone nest opened, a vehicle ran self-checks and took off to patrol … Read more
BYD Explorer No.1, a dedicated car-carrier vessel BYD uses to ship vehicles to overseas markets. Chinese cars cost far more abroad than at home. Take the Xpeng MONA L03, launched in Munich on July 16. Its pure-electric version starts at 35,600 euros in Germany (about 276,000 yuan); the extended-range version starts at 38,600 euros (about … Read more
Date Round Amount Key Investors Aug 13, 2019 Strategic Tens of millions RMB CAS Star, Tsinghua University Asset Management, Fortune Capital, Huakong Fund, Jiangmen VC, Turing Ventures Sep 14, 2021 Series A Hundreds of millions RMB Luster LightVision, Xinglian Capital (Z Fund), Beijing Dafan, Tongzhi Investment, Xingtang Tongzhi, Rongpin Investment Sep 26, 2022 Series B … Read more
Moonshot AI founder Yang Zhilin presenting Kimi Chat’s long-context model capabilities. After DeepSeek, another Chinese model has rattled the United States. On July 22, four things happened in a single day. Michael Kratsios, head of the White House Office of Science and Technology Policy, publicly accused Moonshot AI on X of “large-scale distillation” of American … Read more
Figure Robotics’ F02 humanoid robot featuring a high-degree-of-freedom dexterous hand.Illustration: humanoid robot dexterous-hand durability concerns. (Source: Sohu IT) China’s humanoid robots are being tested by reality, and reality is winning. A manager at one robotics firm, whom we will call Wang Hao, told Chinese business outlet Yicai that the dexterous hand his company sources from … Read more
Dobot expects first-half 2026 revenue of roughly 300 to 330 million yuan, up 94.65 to 114.12 percent year on year, with gross profit of 140 to 170 million yuan, up 84.73 to 124.31 percent, the company said in a recent profit alert. On top of its scaling collaborative-robot business, Dobot’s embodied-AI business is moving from … Read more