Shenzhen Kedali Industry Co Ltd Expands into Robotics
On June 11, 2025, Shenzhen Kedali Industry Co., Ltd., a prominent player in the consumer discretionary sector, announced a strategic move into the robotics industry. The company, listed on the Shenzhen Stock Exchange, is known for its specialization in metal hardware products, particularly in the energy, automobile, and solar and electrical powered automobile battery components sectors.
In a significant development, Kedali, along with two other A-share listed companies, Yulin Group (002126) and Weichai Power (688698), and Shanghai Kepler Robotics Co., Ltd., as well as Shenzhen Weili Growth Enterprise Management Consulting LLP, have jointly invested in establishing Suzhou YiZhi LingGao Drive Technology Co., Ltd. This new venture will focus on the research and development and production of dexterous hands, a core component for humanoid robots.
According to the announcement, the registered capital for YiZhi LingGao is set at 50 million CNY. Weichai Power will contribute 20 million CNY, holding a 40% stake, while Kedali will invest 15 million CNY, accounting for 30%. Yulin Group will contribute 10 million CNY, holding a 20% stake. This collaboration leverages the strengths of each partner, with Weichai Power bringing expertise in electrical transmission and industrial control, particularly in the robotics core components sector. Yulin Group, known for its heat exchangers and automotive air conditioning products, has been accelerating its presence in new sectors like humanoid robots.
The establishment of YiZhi LingGao marks a strategic expansion for Kedali into the robotics industry, aligning with its ongoing efforts to diversify its product offerings and enter new markets. This move is part of a broader trend among companies in the sector to invest in advanced technologies and innovative solutions.
In related corporate governance news, Kedali’s board of directors held its eighteenth (temporary) meeting, where several proposals were approved, including the establishment of a subsidiary through external investment. This decision underscores the company’s commitment to growth and diversification.
As of June 9, 2025, Kedali’s stock closed at 109.59 CNY, with a market capitalization of 31.32 billion CNY. The company’s price-to-earnings ratio stands at 20.03, reflecting investor confidence in its strategic initiatives and future growth prospects.
This strategic partnership and investment in robotics highlight Kedali’s proactive approach to innovation and its ambition to play a significant role in the rapidly evolving robotics industry.