China's Number One Robot Giant, with 377 Patents, Sucks More Than $1.2 Billion in Half A Year

Sep 15, 2020

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According to the official website, The number of Xinsong robot innovation research and development team exceeds 4000 people, with subsidiaries, industrial parks and so on in many regions at home and abroad, and has won 377 valid patents. Xinsong robot products have been sold to more than 40 countries and regions around the world, serving more than 3000 international enterprises. In the first half of this year, both Xinsong Robotics' revenue and net profit fell, to RMB1,235 million and RMB133 million, respectively. In 2019, Xinsong Robotics achieved revenue of 2.745 billion yuan and revenue of 293 million yuan. In fact, from the performance point of view of The new pine robot performance in the right moment, net profit is not high. However, the development potential of the robot market is huge, and the development prospects of Xinsong robot are worth looking forward to.

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