明新旭腾参设合资公司 布局人形机器人赛道

Core Viewpoint - Mingxin Xuteng (605068) announced a joint investment with Shanghai Qingbao Engine Robotics Co., Ltd. to establish a new company focused on embodied intelligent technology, with a registered capital of 12 million yuan [2][3]. Group 1: Investment Details - The joint venture, tentatively named Xuqing Lingdong (Shanghai) Embodied Intelligent Technology Co., Ltd., will have a registered capital of 12 million yuan, with Mingxin Xuteng contributing 7.8 million yuan for a 65% stake and Shanghai Qingbao contributing 4.2 million yuan for a 35% stake [2]. - The actual controller of Mingxin Xuteng, Zhuang Junxin, will hold a 6% stake in Shanghai Qingbao through Zhejiang Dechuang Enterprise Management Co., Ltd. and will be appointed as a director of Shanghai Qingbao [2]. Group 2: Business Focus - The joint venture will focus on the design, manufacturing, production, and sales of dexterous hands, aligning with Mingxin Xuteng's strategy to diversify into humanoid robotics and related fields [2][3]. - Mingxin Xuteng has been dedicated to new materials for automotive interiors, with products primarily used in mid-to-high-end automotive components such as seats, armrests, headrests, steering wheels, dashboards, door panels, and ceilings [2]. Group 3: Financial Performance - In the first half of 2025, the company reported revenue of 603 million yuan, a 29.26% increase year-on-year, but a net loss attributable to shareholders of 29.39 million yuan, a decline of 393.49% compared to the previous year [3]. - The losses were attributed to a decrease in product gross margin, increased depreciation of fixed assets, and the lack of scale effects from new products [3].