ST Jiuding's Half-Year Loss Widens; Robotics Business Becomes Transformation Focus

Earnings
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ST Jiuding released its 2026 semi-annual report, with operating revenue of 59.8901 million yuan, a year-on-year decrease of 25.48 percent, and a net loss attributable to shareholders of the listed company of 88.1507 million yuan, with the loss widening by 85.39 percent year-on-year. The company's traditional businesses of private equity investment management and real estate development are both shifting toward contraction and exit. Its construction business achieved operating revenue of 28.7509 million yuan in the first half of the year, an increase of 346.15 percent year-on-year, and signed 15 new project contracts during the year with a total contract value of 757 million yuan. The new business focuses on core components for humanoid robots. The company completed the acquisition of and capital increase in Nanjing Shenyuansheng, holding approximately 53.3 percent of its shares, and Nanjing Shenyuansheng has orders on hand worth about 6 million yuan. Together with Nanjing Shenyuansheng, the company invested in establishing Changzhou Shendong Robotics Technology Company Limited, in which it directly holds 49 percent. The integrated joint module factory is expected to be completed and put into production by the end of the third quarter, with a planned annual capacity of 300,000 units. In March this year, the company completed a strategic investment in Beijing Lingzu Shidai Technology Company Limited, holding 19.8 percent of its shares.

Impact on stocks 1

Others▼ · 1 stocks

Theme Impact 1

Off-coverage companies 3

南京神源生Private▲ Positive
Demandrelevance

Acquired 53.3% stake, orders on hand about 6 million yuan

常州神动机器人科技有限公司Private▲ Positive
Technologyrelevance

Invested in robotics company, factory expected to produce by Q3

灵足时代Private▲ Positive
Capitalrelevance

Strategic investment completed, holding 19.8% shares

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