Jinbei Auto Says Robot Assembly Revenue Remains Tiny

Jinbei Automobile (600609) issued an announcement after its shares recorded a cumulative closing-price deviation of more than 20% over two consecutive trading sessions on Nov. 9 and Nov. 10, 2026.

The company said its subsidiary, Jinzhi Variable, remains in the ramp-up and commercialization-validation phase for scaled mass production of its robot products. To date, Jinbei has recorded RMB 500,000 in revenue from robot assembly operations.

That figure represents an extremely small proportion of the company's total operating revenue, according to the filing. The disclosure indicates that the robot business is still at an early stage and has not yet become a meaningful contributor to overall sales.

The announcement appears aimed at giving investors a clearer view of business fundamentals after the sharp stock movement. It also signals that, despite market interest in robotics, Jinbei's related revenue remains minimal and commercialization is not yet complete. The announcement did not indicate when robot assembly revenue might scale up.