Hengshuai Says Robot Business Has Not Yet Formed Scaled Orders

Hengshuai Co., Ltd. (300969.SZ) disclosed during a Nov. 6 survey with specific investors that it has been conducting customized development in humanoid robotics based on harmonic magnetic field motor technology. The company has targeted several product categories, including linear joint motors, rotary joint motors and dexterous-hand motors, and is matching requirements with domestic and overseas customers while delivering sample units for evaluation. The company said its robot-related business has not yet formed scale orders. The update places Hengshuai at the sample-validation stage in humanoid robotics, with future commercialization depending on customer testing, qualification and order conversion. The disclosure also highlights the company’s effort to extend its motor technology into emerging embodied-AI applications, although near-term revenue contribution from robotics remains limited. The disclosure offers a measured view of commercialization progress. It did not disclose a timetable for volume production or specific order targets.