Shang Hai Zheng Quan Bao·2025-09-16 18:32Core Viewpoint - The establishment of a joint venture, Jiyou Lixing (Shanghai) Technology Co., Ltd., marks a significant move for Lixing Co., Ltd. into the robotics sector, focusing on high-end transmission components and international market expansion [1][2] Group 1: Joint Venture Details - Lixing Co., Ltd. will invest 20% of the registered capital (20 million yuan) in the joint venture, while Shanghai Jiyou will contribute 59% (59 million yuan) [1] - The joint venture aims to develop products related to the new energy vehicle, automation equipment, and robotics industries, leveraging overseas channels and brand resources to penetrate key international markets such as Europe and North America [1][2] Group 2: Strategic Focus and Future Plans - The joint venture will focus on three main areas: the new energy vehicle industry, embodied robotics, and international market expansion, with plans to launch its first embodied intelligent product by December 2025 [2] - By 2026, the company aims to complete its expansion into European and North American markets, and by 2027, establish a product chain related to new energy vehicles and silicon nitride ceramics [2] Group 3: Company Background and Synergies - Lixing Co., Ltd., founded in 1989, is part of the global procurement system of the top eight bearing manufacturers and indirectly serves several well-known international robotics companies [2] - The collaboration with Shanghai Jiyou is expected to leverage their strong synergy, as Shanghai Jiyou has a significant local presence in Europe, while Lixing has established sales channels in the region [2]