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Xingfa Group: Smart Rock Drilling Robots Serve Own Mines Only

At its earnings briefing on September 17, Xingfa Group (600141.SH) said that intelligent rock drilling robots jointly developed and produced with partners are currently used mainly in the company's own mines. The company has not considered selling the robots to external customers at this stage. The disclosure positions the equipment as an internal productivity tool rather than a commercial product, suggesting Xingfa Group is prioritizing automation and efficiency gains in its own mining operations. The company did not provide details on deployment scale, technical specifications, or any future commercialization timeline. The statement came in response to investor questions about the company's robotics initiatives during the briefing. It did not elaborate on how many units are in operation or when broader deployment might occur. For now, the intelligent drilling robots remain dedicated to Xingfa's mining activities, and no external sales channel has been announced.

✓ Verified 2026-09-17
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