Jiuding Investment disclosed its 2026 semi-annual report. In the first half of the year, it achieved operating revenue of 59.8901 million yuan, down 25.48 percent year on year, while net profit attributable to shareholders of the listed company was negative 88.1507 million yuan, with the loss widening 85.39 percent year on year. The company divided its main business into two segments for the first time: traditional business and new business. The new business focuses on technology manufacturing and investment centred on core components for humanoid robots. In February this year, Jiuding Investment completed the acquisition of and a capital increase in Nanjing Shenyuansheng, taking a stake of about 53.3 percent and consolidating it into its financial statements. Nanjing Shenyuansheng focuses on six-axis force sensors. As of the end of the first half, its orders in hand were about 6 million yuan, but the new business recorded a net loss attributable to shareholders of the listed company of 3.1415 million yuan in the first half. The company also added a joint module business, jointly investing with Nanjing Shenyuansheng to establish Changzhou Shendong Robot Technology Company Limited. An assembly plant with planned annual capacity of 300,000 integrated joint modules is under construction. Small-batch trial production began in August 2026, and the plant is expected to be formally completed and put into production by the end of the third quarter of 2026. In addition, in March this year Jiuding Investment completed a strategic investment in Beijing Lingzu Shidai Technology Company Limited, taking a 19.8 percent stake. Lingzu Shidai focuses on the research, development and design of robot joint modules. In traditional business, the private equity investment management business will be gradually scaled back, and the real estate development business will be gradually exited. The construction business achieved operating revenue of 28.75 million yuan in the first half, up 346.15 percent year on year, accounting for 48.1 percent of the total. As of the report disclosure date, the company had signed 15 new project contracts this year, with a total contract value of 757 million yuan. Because the lower of total profit, net profit or net profit excluding non-recurring items for the audited 2025 fiscal year was negative, and operating revenue after deducting revenue unrelated to the main business and revenue lacking commercial substance was below 300 million yuan, the company's shares were placed under delisting risk warning, and the stock abbreviation was changed from Jiuding Investment to ST Jiuding. The company's main tasks for 2026 are to resolve the delisting risk and build a second growth curve in the humanoid robot business. Achieving full-year revenue of more than 300 million yuan is an important target the company needs to meet.
Nanjing Shenyuansheng (53.3% stake) has orders in hand of about 6 million yuan, but new business net loss of 3.14 million yuan.
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Robotics & Physical AI › Robotics AI & Embodiment Software ▲Technology
SEE.LSE · Technology · Positive Seeing Machines published a technical paper demonstrating its Human Mesh Recovery technology for real-time 3D human understanding on embedded hardware.
NVDA · Demand · Positive Seeing Machines' HMR technology is deployed on NVIDIA Jetson Thor hardware, indicating adoption of NVIDIA's embedded platform.
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BB · Demand · Positive BlackBerry QNX software selected for neueHCT's HCT Luna smart camera program with a major German automaker, covering millions of units starting 2027.
neueHCT · Demand · Positive neueHCT's HCT Luna High-Performance Smart Camera Solution was selected by a major German automaker for a global passenger vehicle platform.
9660.HK · Demand · Positive The HCT Luna solution is built on Horizon Robotics' Journey 6B automotive computing platform, gaining design-win exposure through this program.
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Semiconductors › Analog, Power & Discrete Technology
VLN · Technology · Positive Valens teams with onsemi to develop a cost-optimized integrated 3MP A-PHY sensor, expanding its A-PHY use cases.
ON · Technology · Positive onsemi collaborates with Valens to integrate cost-optimized A-PHY into its 3MP automotive image sensors, streamlining camera architecture.
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TDY · Technology · Positive Teledyne e2v, a Teledyne Technologies company, launched the Nexora BSI global shutter CMOS image sensor family for machine vision.
Teledyne Vision Solutions · Technology · Positive Teledyne Vision Solutions' president commented on the new Nexora sensor platform, which targets its vision applications.