Jinbei Automotive Clarifies Robot Manufacturing Reports, Says Subsidiary Only Assembles

Jinbei Automotive issued a clarification late on Nov. 10 after market attention focused on its robot-related concept. The company said it had noted reports involving its robot manufacturing business and moved to specify the scope of its actual involvement.

According to the statement, subsidiary Jinzhi Variable Robot Technology (Shenyang) Co., Ltd. provides assembly services for robot products to Zibianliang Robot Technology (Shenzhen) Co., Ltd. The core components used in those products are all purchased externally, the company said.

The clarification indicates that Jinbei's role is limited to assembly services, rather than core component production or broader robot manufacturing. The company's disclosure did not elaborate further on product design or other technical responsibilities in the available excerpt.

The statement was aimed at correcting market misconceptions about the listed company's robot business exposure. It also highlights the importance for investors to distinguish between assembly-level participation and core technology ownership when evaluating robot-concept stocks.