Jinbei Automotive (600609.SH) Says Robot Assembly Revenue Is 500,000 Yuan, Minimal Share
Jinbei Automotive (600609.SH) has responded to recent reports concerning its robot manufacturing business, saying the operations are currently limited to assembly services and contribute a negligible share of overall revenue. The company said its subsidiary, Jinzhi Bianliang Robot Technology (Shenyang) Co., Ltd., provides assembly services for robot products to Zibianliang Robot Technology (Shenzhen) Co., Ltd. The company disclosed that revenue from the robot assembly business has reached 500,000 yuan. That amount represents only a very small proportion of Jinbei Automotive's total operating revenue, it said.
The clarification is intended to address market attention on the company's robot-related activities and to provide a more accurate picture of the business scale. Jinbei Automotive emphasized the current revenue contribution is minimal, suggesting the robot assembly service remains an early-stage business and is not yet a material driver of the company's financial performance. The disclosure gives investors a clearer view of the subsidiary's role in the robot supply chain.