In the context of an era in which the intelligent transformation of the global manufacturing industry is accelerating and the independent controllability of core components of industrial robots has become a key focus of national strategies, Xinrui Electronic Technology Co., Ltd., a national-level specialized and special “little giant” enterprise, accelerates technological breakthroughs and industrial layout with the power of capital, injecting core momentum into the upgrading of China’s industrial automation industry.
The capital market’s high attention to Xinrui Electronics is essentially recognition of its technical barriers and market first-mover advantages in the field of core components of industrial robots.
The company has achieved a disruptive breakthrough in the traditional split solution with its self-developed core technology of “integrated drive and control”, and its product performance ranks among the top echelons in the industry. It has also built a technological moat that is difficult to replicate through continued high-intensity investment in R&D.
In a period of historical opportunity for the manufacturing industry to transform towards high-end, intelligent, and green manufacturing, Xinrui Electronics is focusing on technological innovation and growing into a backbone in promoting the independent control of China’s industrial automation industry chain.
According to the prospectus (registration draft), the number of shares issued by Xinrui Electronics this time will not exceed 6.40 million shares (not considering the over-allotment option), and it will invest in three major projects in order of priority to comprehensively consolidate the core foundation for the company’s long-term development.
The upgrading and renovation project of the production center is the top priority of this fundraising, with a planned investment of 79.6025 million yuan in raised funds, accounting for 57.0% of the total raised funds.
The project will be implemented through the subsidiary Shenzhen Divisun, focusing on building a PCBA dust-free processing workshop, upgrading the automation level of the driver production process, and comprehensively improving the production capacity and product yield of industrial robot control systems and servo systems.
After the project is completed, it will completely break the company’s current production capacity bottleneck, accurately match the explosive growth of demand in the downstream market, and further consolidate the company’s leading market position in the field of Cartesian coordinate robot control.
The R&D center construction project plans to invest 40.0919 million yuan in raised funds, and will focus on ROS robot controllers, intelligent MES systems and high-precision encoders and other cutting-edge technology fields to carry out in-depth research.
The company plans to introduce internationally advanced R&D equipment and testing instruments, absorb high-end R&D talents, and build a more complete R&D system integrating industry, academia, and research.
The implementation of this project will accelerate the company’s strategic transformation from a single hardware supplier to a comprehensive solution provider of “hardware and software integration” and comprehensively enhance the company’s core competitiveness in the field of high-end industrial automation.
In addition, the company plans to use 20 million yuan of raised funds to supplement working capital, provide sufficient financial guarantee for daily operating activities, optimize the financial structure, reduce financial risks, and enhance the company’s ability to resist risks and continue to operate in response to market fluctuations.
Xinrui Electronics has been deeply involved in the field of core components of industrial automation for more than ten years. Its main business focuses on the R&D, production and sales of industrial robot control systems and components, servo systems and components, and has built four core product systems: complete sets of industrial robot control systems, integrated drive and control systems, stand-alone control systems, and servo systems.
The company’s products can be adapted to three-axis to multi-axis industrial robots, are compatible with mainstream industrial bus protocols such as EtherCAT, CANopen, and RS-485, and can provide highly customized automation solutions for downstream customers in different industries.
Among them, the “integrated drive and control” control system is the company’s core competitive weapon.
Traditional industrial robot control systems adopt a separate design of controller and driver. There are common industry pain points such as difficulty in debugging, poor overall performance, high cost, large size, and complex wiring.
The integrated drive and control technology independently developed by Xinrui Electronics achieves a high degree of integration of controllers and drives, which not only significantly reduces product size and equipment weight, but also significantly reduces the procurement and use costs of downstream customers. It also improves the reliability and response speed of the system, fundamentally solving long-standing technical problems in the industry.
Prospectus data shows that during the reporting period, the company’s “integrated drive and control” product revenue achieved explosive growth, soaring from 78.1806 million yuan in 2023 to 194.0342 million yuan in 2025, becoming the core engine driving the company’s performance growth.
In 2025, the company’s total revenue from industrial robot control systems and components and servo systems and components will reach 294.5623 million yuan, accounting for approximately 92.52% of operating revenue, highlighting the strong market competitiveness of core products.
With excellent product performance and complete after-sales service system, the company’s products have been widely used in core scenarios such as injection molding machine manipulators and CNC machine tool truss-type manipulators, covering many pillar industries of the national economy such as electronic manufacturing, auto parts, home appliances, and packaging. It has established long-term and stable strategic cooperative relationships with many well-known downstream enterprises. The products are not only sold well across the country, but also exported to many overseas countries and regions.
Technological innovation is the foundation for Xinrui Electronics to live and work, and it is also the core password for the company to always stay ahead in the fierce market competition.
The company always regards R&D and innovation as the top priority for development, continues to increase investment in R&D, continuously introduces and cultivates high-end R&D talents, and gradually establishes a technology R&D system that meets the company’s own characteristics and industry development needs.
The prospectus shows that from 2023 to 2025, the company’s R&D investment amount will be 11.3082 million yuan, 14.9741 million yuan and 17.3683 million yuan respectively, accounting for 5.55%, 4.98% and 5.46% of operating income respectively. The scale of R&D investment has shown a steady growth year by year.
As of December 31, 2025, the company has 59 R&D personnel, accounting for approximately 22.52% of the company’s total personnel. The core technical personnel Zhang Jizhou and Long Xiaozhou have been working in the field of control systems and servo systems for more than ten years, and have profound technical skills and rich industry practical experience.
After years of technological accumulation, the company has mastered a number of independently developed core technologies such as drive and control integration, motion control algorithms, and industrial buses, and all of them have been industrialized, providing solid technical support for the company’s product advantages.
As of the signing date of the prospectus, the company has obtained a total of 58 patents, including 27 invention patents, 16 utility model patents, 15 design patents, and 146 computer software copyrights, forming a complete intellectual property protection system.
Currently, the global manufacturing industry is in a critical stage of intelligent transformation. As the core equipment of intelligent manufacturing, industrial robots have seen market demand continue to rise.
As one of the earliest companies in China to lay out integrated drive and control technology, Xinrui Electronics relies on its dual first-mover advantages in technology and market to accurately meet the industry development trend of miniaturization, modularization and integration of industrial robots. The market penetration rate of its integrated drive and control products is rapidly increasing.
This listing on the Beijing Stock Exchange will inject strong capital power into the development of Xinrui Electronics.
In the future, the company will continue to focus on the main track of core components for industrial automation, using capital as a link to further increase investment in research and development, expand production scale, and expand market boundaries.
While consolidating its dominant position in the field of rectangular coordinate robot control, it is actively deploying emerging tracks such as joint robots and collaborative robots, constantly enriching its product matrix, and broadening its business growth space.
In terms of technology research and development, the company will concentrate resources to break through “stuck-neck” technologies such as ROS robot controllers, intelligent MES systems, and high-precision encoders, and continue to improve the intelligence level and integration of products.
At the same time, we will deepen industry-university-research cooperation with universities and scientific research institutions, build a more open and efficient technological innovation system, and always maintain technological leadership.
In terms of market expansion, the company will further improve its nationwide sales and service network and increase coverage in key regions and key industries.
At the same time, we will accelerate the layout of overseas markets, enhance the international influence of the brand, and gradually realize the leap from a domestic leading enterprise to an internationally renowned supplier of core components for industrial automation.
The eye-catching financial data confirms the company’s strong development momentum.
From 2023 to 2025, the company’s operating income increased from 204 million yuan to 318 million yuan, and the net profit after non-deductions climbed from 30.26 million yuan to 57.79 million yuan, achieving sustained and steady growth in performance.
Industrial automation is the cornerstone of a strong manufacturing country, and independent control of core components is the lifeblood of the development of industrial automation.
With more than ten years of deep technology development and market accumulation, Xinrui Electronics has grown into a leading enterprise in the field of domestic industrial robot control systems.
Its self-developed drive-control integrated technology leads the industry’s technological transformation direction, and it has built a solid technological moat with continuous R&D investment.
With the dual benefits of the country’s strong support for the development of high-end manufacturing and the accelerated intelligent transformation of the manufacturing industry, the company has broad prospects for future development.
This issuance is an important milestone in the development history of Xinrui Electronics.
With the gradual implementation of the fundraising projects, the company’s production capacity, R&D strength and market competitiveness will be comprehensively improved. It is expected to continue to lead the wave of domestic substitution of core components for industrial automation, contribute more to the high-quality development of China’s manufacturing industry, and at the same time create long-term and stable investment returns for investors.
