Suzhou Linghui Zhixin Digital Technology Co., Ltd. (literal translation of "蘇州靈慧智新數字科技有限公司") was recently established, with Li Erpu being its legal representative and a registered capital of RMB5 million, according to Tianyancha App.

Its business scope includes industrial internet data services, big data services, IoT technology services, sales of industrial control computers and systems and sales of intelligent robots, etc..

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Agibot, a Shanghai-based robot manufacturer backed by TENCENT (00700.HK)  -9.400 (-1.893%)    Short selling $558.18M; Ratio 24.550%   , BYD COMPANY (01211.HK)  -2.500 (-2.388%)    Short selling $657.68M; Ratio 60.951%   and BIDU-SW (09888.HK)  -1.600 (-1.460%)    Short selling $74.70M; Ratio 62.166%   , announced on Monday (8th) that, since its establishment in 2023, its flagship factory has reached the milestone of producing the 5,000th humanoid robot. In terms of shipment volume, this startup has become one of the largest humanoid robot manufacturers globally.

Agibot's CMO, Qiu Heng, said that the company believes humanoid robots can enter the household market in 3-5 years, becoming part of consumers' lives. He added that the company's robots can update software, become smarter and improve technology.

Agibot and Galbot, a company backed by MEITUAN-W (03690.HK)  -2.350 (-2.868%)    Short selling $515.87M; Ratio 34.582%   and CATL (03750.HK)  -7.000 (-1.107%)    Short selling $111.55M; Ratio 25.328%   , are early-stage strategic partners of Nvidia (NVDA.US)      . Other domestic robot manufacturers like Unitree Robotics and UBTECH ROBOTICS (09880.HK)  +1.900 (+1.900%)    Short selling $76.08M; Ratio 11.547%   closely collaborate with Nvidia.

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Currently, major US robot manufacturers include Tesla (TSLA.US)      's Optimus, Agility Robotics and Hyundai Motor's Boston Dynamics from South Korea. In Asia, XIAOMI-W (01810.HK)  -1.460 (-4.560%)    Short selling $1.56B; Ratio 47.868%   , XPENG-W (09868.HK)  -1.400 (-2.051%)    Short selling $165.89M; Ratio 35.813%   and Samsung Electronics are betting on this market.
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