Jinbei Automotive Clarifies Robot Assembly Business: 500,000 Yuan Revenue, No Major Profit Impact

Jinbei Automotive (600609.SH) said in an announcement that it has noted media reports concerning its robot manufacturing business. The company's subsidiary, Jinzhi Bianliang, provides assembly services for robot products to Zibianliang Robot Technology (Shenzhen) Co., Ltd. However, all core components are purchased externally, and the product design, core research and development, and patent technologies of the relevant robot products all rely on Zibianliang Robot. Jinbei Automotive emphasizes that it only provides assembly services and does not engage in core technology R&D or design.

The robot assembly business currently generates revenue of 500,000 yuan, which the company states has no significant impact on its net profit. The products are still in the ramp-up phase for mass production and commercialization validation, and future commercialization prospects remain uncertain.

Jinbei Automotive's stock has recently recorded two consecutive limit-up trading days, reflecting market attention on its robot concept. The announcement aims to clarify the extent of the company's involvement in the robotics sector and caution investors about potential risks.