Hongfuhuan has signed a significant sales contract worth 480 million yuan for its robotics business. This announcement was made on the evening of February 3, 2026, and the contract amount represents approximately 59.68% of the company’s projected revenue for its main business in 2024. The contract includes orders for various types of robots, including handling robots, collaborative robots, charging robots, new energy forklifts, as well as robot modules and core components.
This sales contract was signed alongside a Tripartite Cooperation Framework Agreement with Guangdong Quanshang Intelligent Technology Co., Ltd. (referred to as “Guangdong Quanshang”) and Jiangxi Xiexun Intelligent Equipment Co., Ltd. (referred to as “Jiangxi Xiexun”). The counterparty for the sales contract is Guangdong Quanshang, with an expected delivery period from April to December 2026.
The Tripartite Cooperation Framework Agreement outlines a collaborative effort among the parties in the fields of AI servers and robotics, leveraging each party’s resources to enhance cooperation in the research and development of artificial intelligence servers and robotic technologies, product supply, market promotion, and solution integration.
Guangdong Quanshang is an innovative company based in Guangdong, focused on the research and manufacturing of fork-type robots (AGVs). They have developed independent core technologies related to key components of fork-type robots, navigation and positioning, motion control, SLAM laser algorithms, intelligent logistics scheduling, and traffic dispatch systems.
Jiangxi Xiexun is a wholly-owned subsidiary of Luxshare Precision (002475), involved in ODM services for robotic products and offering overall solutions for intelligent warehousing.
Hongfuhuan operates in the consumer electronics sector, primarily focusing on precision functional components, automation equipment, cooling solutions, and new materials.
Editor: Wang Zhijia
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