Source | DeepBlue Finance

Launched by the DeepBlue editorial team, DeepBlue AI Weekly provides a centralized Saturday release of national AI trends, company updates, and investment intelligence, aiming to serve AI industry practitioners and investors across China.

IPO Developments

UFactory Faces Whistleblower Complaint as ChiNext IPO Review Scheduled for 22nd

Recently, the Shenzhen Stock Exchange disclosed that Shenzhen UFactory Robotics Co., Ltd.'s initial public offering (IPO) application for listing on ChiNext will undergo review by the listing committee on July 22. This marks the first successful "H-share to A-share" transition for a Greater Bay Area enterprise.

Founded in 2015 in Nanshan, Shenzhen, UFactory became the "first collaborative robot stock" with its Hong Kong Stock Exchange debut in December 2024. On April 27, 2026, the company's ChiNext IPO application was formally accepted by the Shenzhen Stock Exchange, taking just 86 days from acceptance to review.

On July 14, UFactory disclosed operational data for the first half of 2026. The figures showed expected revenue of RMB 300-330 million, doubling year-on-year; gross profit projected at RMB 140-170 million, up 84.73%-124.31% YoY. After excluding exchange losses and share-based payments, adjusted net profit ranged from RMB -65 million to -35 million.

In the early hours of July 17, Song Tao, self-proclaimed (self-proclaimed) former co-founder, executive vice president, and COO of UFactory, publicly accused the company and founder Liu Peichao of significant equity irregularities and disclosures omissions in their A-share prospectus.

Financing Developments

LimX Dynamics Completes Near $200M Pre-IPO Round

On July 14, Shenzhen-based robotics company LimX Dynamics announced the completion of a near $200 million Pre-IPO financing round, reaching a post-money valuation of RMB 15 billion.

This robotics firm develops both robotic bodies and cognitive systems. Its academic heritage and industry insights create a distinctive approach compared to peers.

Qianjue Robotics Secures Hundred-Million-Yuan Financing

On July 14, embodied tactile technology company Qianjue Robotics (Shanghai) announced completing hundred-million-yuan financing. The round was led by strategic investors from the embodied AI sector and Geede Electric, with participation from venture firm Tianji Capital.

Funds will primarily support three areas: accelerating industrialization of high-precision three-color optical tactile sensors; deploying tactile data collection systems and large-scale datasets in real-world scenarios; and refining physics-based intelligence models supporting tactile modalities for embodied AI applications.

Xinqi Robotics Completes A+ Round Financing

Recently, humanoid robot component developer Xinqi Robotics completed its A+ financing round, marking the third successful raise within six months since initiating market financing in late 2025. Investors include Furande, Wuzhong Financial Holdings, Zhihui Investment, and Ningbo Angel Investment Fund.

Established in 2025, Xinqi specializes in core actuators for humanoid robots, offering harmonic joint modules, rotary planetary drives, and linear joint modules based on precision linear actuation. This financing will accelerate harmonic joint module production and next-gen linear joint module R&D.

Corporate Developments

Unitree Robot Performs First-Ever Live Surgery

A study titled "Feasibility of Humanoid Robots in Surgical Procedures: A Live Animal Study" published in Nature sparked widespread attention. Researchers brought Unitree's G1 humanoid robot into the operating room, where human surgeons remotely performed standard laparoscopic cholecystectomies on two live pigs—marking the world's first live surgery using a humanoid robot.

JL Mag Rare-Earth: Strategic Investment in Embodied Robot Supply Chain

JL Mag Rare-Earth's investor briefing on July 15 revealed strategic investments in key embodied robot supply chain segments through direct investments and industry fund participation, accelerating industrial synergy and commercialization.

The company is actively collaborating with global tech leaders on motor rotor development for embodied robots, with small-batch deliveries underway.

Xiaomi Releases Open-Source Unified Generative Model for Embodied AI

On July 15, Xiaomi officially launched Xiaomi-Robotics-U0, the first unified generative model for embodied AI with 38 billion parameters. This model integrates multiple embodied world modeling capabilities with general image generation within a multimodal autoregressive framework, providing a unified foundation for robot training data generation, transfer, and augmentation.

Zhidatech Upgrades Strategic Positioning

On July 16, Shanghai Zhidatech held its "Bay Area Ignition · Future Connection" strategic upgrade launch and Shenzhen subsidiary inauguration, announcing its new positioning (positioning) as a "global leading AI-driven technology enterprise for integrated smart energy and robotics solutions." The Shenzhen office was simultaneously unveiled.

Zhiyuan Robotics Establishes New Tech Company in Jiangsu

Recently, Onsen Technology (Jiangsu) Co., Ltd. was established with business scope covering smart robot sales, industrial robot sales, service robot sales, AI hardware sales, and AI system integration services. Equity disclosures show shared ownership by Zhiyuan Robotics' affiliate Zhiyuan Innovation (Shanghai) Technology Co., Ltd.

Diguabot Robotics Reveals Latest Industry Progress

On the eve of WAIC 2026, Diguabot Robotics disclosed advancements for its Sunrise S600 platform: collaborations with over 20 industry leaders, coordination with 100+ supply chain partners, and coverage of humanoid robots, industrial embodied systems, and large embodied models.

Notable projects include: Shishi Zhihang's A3 robot deploying Sunrise S600 for industrial embodied robotics; Beijing Humanoid Robot Innovation Center's Embodied Tiangong 3.0 completing computational adaptation for mass production in H2 2026; and Humanoid Robotics (Shanghai)'s Linglong 2.0 scheduled for multi-scenario validation in Q3 2026.

Leju Robotics Forms Strategic Partnership with Hutchinson

On July 13, Leju Robotics and Hutchinson signed a strategic cooperation agreement in Suzhou, making Leju Hutchinson's core embodied AI partner in China. The collaboration aims to drive deep innovation between humanoid robots and industrial scenarios while expanding full-stack embodied AI applications in high-end manufacturing.

Swancor Unveils "Qiyuan Robot" Consumer Product

New materials company Swancor officially launched its consumer-grade embodied AI brand "Qiyuan Robot" with the debut product Qiyuan T1 (Transformer 1), set for its first public appearance at WAIC 2026 from July 17-20.

Unlike conventional single-form robots, this "world's first transformable personal robot" autonomously switches between "wheeled-legged humanoid" and "quadruped" forms to adapt to environmental changes.

JL Mag Rare-Earth: Collaborating on Embodied Robot Motor Rotors

JL Mag Rare-Earth disclosed during institutional research on July 15 its active collaboration with global tech firms on embodied robot motor rotor development, with small-batch deliveries completed. The company is also strategically investing in key supply chain segments through direct investments and industry funds to accelerate industrial synergy.

Qingxinyichuang Releases Dino OS, World's First "Embodied Character Foundation Model"

On July 14, Shanghai-based embodied AI firm Qingxinyichuang officially launched Dino OS—the world's first "embodied character foundation model" that enables IP characters to "come alive" in the physical world. The system packages operational logic into a complete organism, allowing robots to exhibit consistent character traits and lifelike behaviors through a unified brain, making interactions more vivid and human-like.

Junjie Robotics Begins Small-Batch Delivery of "AIDE-j1"

Recently, Suzhou Junjie Robotics showcased its core innovation: the general-purpose embodied AI high-precision humanoid robot AIDE-j1, now in small-batch customer delivery. All design, manufacturing, and iterative development are independently completed by Junjie Robotics.

Founded in April 2025 by Huang Dongmei (founder of Suzhou Jiangjin Automation) and Professor Zhang Qiuju's embodied AI robotics team from Jiangnan University, the company specializes in wheeled dual-arm humanoid robots, empowering industrial productivity upgrades through high-precision collaborative intelligent systems.

Runkejuneng Debuts "Centaur" Embodied Robot

Shanghai Runkejuneng Technology recently unveiled its "Centaur" embodied robot, featuring wheeled-legged hybrid locomotion for specialized scenarios.

As the world's first embodied robot designed for specialized environments, Centaur combines high traversability with agile maneuverability to adapt to complex terrains.

Ant Lingbo Releases Industry's First Embodied Native World Action Model

Ant Lingbo unveiled LingBot-VA 2.0, the industry's first embodied native world action model representing a key technological approach: the robot "brain" is natively designed from dynamic modeling, causal prediction, and real-time execution requirements rather than relying on digital world model adaptations.

JD.com Breaks Ground on First Robot Base in Guangzhou

JD.com commenced construction on its first RoboBase industrial park in Guangzhou. As the first physical project under Guangdong's strategic cooperation with JD.com, the RMB 1 billion base will complete construction by 2028 and reach full capacity by 2030 with annual output value of RMB 1.75 billion. The park will focus on embodied AI, industrial robots, service robots, and supply chain enterprises.

Tosda: Successfully Launched Intelligent Humanoid Robot "Xiaotuo"

On July 13, Tosda announced on its interactive platform the successful launch of intelligent humanoid robot "Xiaotuo," quadruped robot "Xingzai," and AI flexible sorting workstations. According to Frost & Sullivan, Xiaotuo is China's first embodied AI robot for injection molding scenarios, while Xingzai performs multiple tasks across applications including autonomous inspection, forest firefighting, and complex environment operations. Both products remain in validation stages without revenue impact.

Industry Observations

2026 World Artificial Intelligence Conference Opens with Dedicated Embodied AI Zone

On July 17, WAIC 2026 opened in Shanghai as a major international AI event. The exhibition exceeded 100,000㎡ for the first time, featuring 1,100+ exhibitors and 3,000+ products with 300+ global premieres.

This edition introduced the first dedicated Embodied AI Zone showcasing latest achievements in humanoid robots and embodied intelligence, with leading firms like Unitree and Zhiyuan participating and multiple next-gen humanoid robot unveilings expected.

Ministry of Education Adds 27 Vocational Education Programs Including Humanoid Robotics

The Ministry of Education completed the 2026 Vocational Education Program Directory update, adding 27 programs (9 junior college specialties, 18 undergraduate specialties) across 14 categories and 20 fields.

To address future occupational shifts, the update proactively cultivates talent for emerging fields. Notable additions include humanoid robotics engineering for digital careers like robotics engineers, and specialties such as energy storage equipment operation (junior college) and hydrogen energy engineering (undergraduate) for green energy roles.

SAMR Releases Key National Standards Covering AI and Robotics

The State Administration for Market Regulation approved 508 national standards including seven in high-tech fields (AI, robotics, smart factories) supporting industrial and AI upgrades; ten in communications (mobile devices, industrial internet, cybersecurity) strengthening network defenses; and four in big data/digital twins driving digital transformation for power sectors and government agencies.

Interim Measures for AI Personification Interactive Services Take Effect

On July 15, the Interim Measures for Managing AI Personification Interactive Services—China's first national regulatory framework for AI personification services—were jointly issued by five ministries including the CAC, NDRC, and MIIT.

14 Departments Announce R&D Focus on Elderly Care Robotics

Fourteen ministries including the Ministry of Civil Affairs released the Three-Year Action Plan for Expanding and Improving the Rehabilitation Aids Industry (2026-2028). The plan outlines six initiatives including application demonstration, industrial upgrading, and innovation enhancement. Key innovation areas include brain-computer interfaces, elderly care robots, and bionic prostheses, with national R&D platforms to accelerate commercialization.

Wanlian Securities: Humanoid Robot Market Holds Vast Potential

Wanlian Securities notes the humanoid robot sector has clear long-term drivers and significant market potential. Global aging will intensify labor supply-demand imbalances, creating human-robot collaboration needs. Meanwhile, aging populations open opportunities for elderly care robots, making "robotics + elderly care" a viable solution. From applications, humanoid robots show penetration potential across industrial, commercial, and domestic sectors. GGII forecasts the global market could reach $20 billion by 2030 with 78% CAGR from 2026-2030.

*Disclaimer: Views expressed represent author opinions only. Market risks exist; invest cautiously. This information does not constitute investment advice.

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