Songsheng Co., Ltd. plans to invest 20 million yuan in robotics company

On October 30, Songsheng Co., Ltd. announced that the company had signed an investment agreement with Chongqing Jinggang Transmission Technology Co., Ltd. (hereinafter referred to as "Chongqing Jinggang Transmission") and related parties, and planned to increase the capital of Chongqing Jinggang Transmission with 20 million yuan of its own funds. Among them, 476,200 yuan will be included in the newly added registered capital of Chongqing Jinggang Transmission, and the remaining 19,523,800 yuan will be included in the capital reserve.

After the completion of this transaction, Songsheng Co., Ltd. will hold 6.25% of the equity of Chongqing Jinggang Transmission, aiming to further deepen the company's strategic layout in the core components of robot transmission through the field of high-precision harmonic reducers.

Chongqing Jinggang Transmission was established in November 2020. It is mainly engaged in the customized research and development, production and sales of high-precision, high-density harmonic reducers and their components. The company's products were initially mainly used in the aerospace field, and later gradually expanded to industrial robots, humanoid robots and other fields. Its core team is led by founder Li Junyang and has technical accumulation in precision manufacturing of harmonic reducers.

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Judging from financial data, Chongqing Jinggang Transmission will achieve operating income of 985,500 yuan and a net profit loss of 2.9886 million yuan in 2024. In the first seven months of 2025, the company's operating income has reached 10.0436 million yuan, a significant year-on-year increase. At the same time, the net profit has turned a loss into a profit, reaching 2.268 million yuan.

In addition, in June this year, Songsheng Co., Ltd. announced that it planned to jointly invest with Chongqing Jinggang Transmission to establish Shenzhen Songsheng Robot Transmission Technology Co., Ltd., of which Songsheng Co., Ltd. will invest 5.5 million yuan (accounting for 55%) and Chongqing Jinggang Transmission will invest 4.5 million yuan (accounting for 45%). The new company will focus on the R&D and manufacturing of harmonic reducers and related transmission and drive components.

Songsheng Co., Ltd. currently mainly operates two business segments: LED drive power supply and energy storage inverter. Among them, the LED lighting drive power supply business has a development history of more than ten years, and the company has large-scale manufacturing, digital operations and global supply capabilities.

In terms of performance, Songsheng Co., Ltd. achieved operating income of 245 million yuan in the third quarter of this year, a year-on-year increase of 1 2%; the net profit attributable to shareholders of listed companies was 7.657 million yuan, a year-on-year increase of 643.67%. In the first three quarters, operating income was 694 million yuan, a year-on-year increase of 6.48%; net profit attributable to shareholders of listed companies was 6.9038 million yuan, a year-on-year decrease of 62.91%.

Songsheng Co., Ltd. stated that the investment in Chongqing Jinggang Transmission is an important step in the company’s strategy of laying out core components of high-performance electromechanical products. Leveraging Chongqing Jinggang Transmission's precision design and manufacturing advantages in the field of aerospace-grade harmonic reducers, Songsheng will receive technical and manufacturing support, which will help the company expand in fields such as industrial robots and humanoid robot joint reducers.