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Shares of Jiuding Investment hit the daily trading limit for the second day in a row following the company’s announcement of plans to acquire a controlling interest in a Chinese robotics components developer. The private equity firm was trading at CNY19.67 (approximately USD2.74) around 2:35 p.m. in Shanghai, up 10 percent. The day before, it climbed 10 percent to CNY17.88.
The firm intends to invest CNY213 million (about USD29.6 million) in Nanjing Bio-inspired Intelligent Technology, gaining a 53.3 percent stake in the company that specializes in force sensing solutions for humanoid robots. This move marks Jiuding Investment’s direct entry into a vital part of the robotics supply chain and aims to bolster NBIT’s research and development efforts to enhance its technological edge.
NBIT, founded by Professor Dai Zhendong of Nanjing University of Aeronautics and Astronautics, will see its founder’s ownership reduced to 37.5 percent after the transaction, making him the second-largest shareholder. The company is among the few Chinese firms capable of producing six-dimensional force sensors—crucial components that enable humanoid robots to walk on uneven surfaces, handle objects delicately, and safely interact with humans. Developing such sensors is pivotal for transitioning from laboratory demonstrations to practical, real-world robot applications.
Financial data from NBIT, which has not yet been audited, showed that last year the company generated CNY2.1 million (around USD290,390) in revenue, with a net loss of CNY5.7 million. In the first four months of this year, revenue declined further to CNY163,800 (approximately USD22,780), while losses deepened to CNY2.8 million. As of April 30, its net assets were valued at CNY9.9 million (about USD1.4 million).
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