> ## Content Index
> Fetch the complete content index at: https://asia-tech-news.ghost.io/llms.txt
> Use this file to discover other available public pages before exploring further.

# Loss-making Siasun to cede control of cleaning-robot unit
- URL: https://asia-tech-news.ghost.io/loss-making-siasun-to-cede-control-of-cleaning-robot-unit/
- Published: 2026-10-23T14:23:33.000Z
- Updated: 2026-10-23T14:23:33.000Z
- Description: Despite shipping 65% more robots across its lines of business, Siasun's revenue was flat last year.
- Author: Cbot Crew
- Tags: Industrial robots, Siasun, Shenyang Xinsong Dianshi Technology, CRRC, #for-ian, #edibot, #edibot-changed

[Siasun](https://en.siasun.com/?ref=asia-tech-news.ghost.io) (沈阳新松机器人自动化股份有限公司), a Shenzhen-listed robot maker based in Shenyang in northeast China, is handing control of its factory-cleaning robot business to outside investors. Six investors are to put 113.51 million yuan (about US$15.9 million) into Shenyang Xinsong Dianshi Technology (沈阳新松点石科技有限公司), the wholly owned unit that makes the robots, for 69.6% of the enlarged company, Siasun said in an [Oct. 20 filing](https://static.cninfo.com.cn/finalpage/2026-10-20/1225612832.PDF?ref=asia-tech-news.ghost.io). Dianshi issues new shares; Siasun pays nothing. Siasun's stake will then fall to 30.4%, and Dianshi will leave its consolidated accounts.

Siasun launched its own industrial cleaning robot, 星卫来, in [August 2022](https://www.siasun.com/news-detail301.html?ref=asia-tech-news.ghost.io). Dianshi, set up in May 2023, makes industrial cleaning robots, and Siasun says the deal is meant to grow that business. Neither of its filings names Dianshi's customers.

The largest new holder, with 18.4%, is a 3.03-billion-yuan (about US$424 million) investment fund whose two biggest backers, at 29.7% each, are a wholly owned capital unit of rail-equipment maker [CRRC](https://www.crrcgc.cc/en/?ref=asia-tech-news.ghost.io) (中国中车) and another investment fund. Two Shenyang partnerships formed in June and July, whose partners are 32 and 10 individuals, take 14% and 12.6%. A Shenyang robot-industry group that Siasun owns 37.5% of, and whose general manager is Siasun's president, pays 10 million yuan (about US$1.4 million) for 6.1%, making this a related-party deal.

The price values Dianshi at about 163 million yuan (about US$22.8 million) after the new money, based on figures in Siasun's filing. In July, Siasun had set a floor of 50 million yuan (about US$7 million) for the fundraising.

Dianshi's 2025 revenue was 28.23 million yuan (about US$4 million), less than 1% of Siasun's, and it lost 3.76 million yuan. In the first half of 2026 it lost 3.28 million yuan (about US$460,000) on revenue of 14.93 million yuan (about US$2.1 million), according to unaudited figures in Siasun's [July filing](https://pdf.dfcfw.com/pdf/H2%5FAN202607171827060921%5F1.pdf?ref=asia-tech-news.ghost.io). 

At the parent, Siasun’s net loss doubled to 398 million yuan (about US$55.7 million) in 2025, [China Business Journal reported](https://finance.eastmoney.com/a/202605083731848868.html?ref=asia-tech-news.ghost.io) (中国经营报). Revenue was flat at 4.12 billion yuan (about US$577 million), down 0.4%, even though robot unit sales rose 65% to about 13,700\. Industrial robots, semiconductor equipment, logistics automation and transportation systems all shrank, by 7% to 9% each. Only assembly lines and system integration grew. Selling far more units for the same revenue indicates Siasun is getting less for each one.

*Sources:* [*新松机器人 Siasun (SZSE filing 2026-032)*](https://static.cninfo.com.cn/finalpage/2026-10-20/1225612832.PDF?ref=asia-tech-news.ghost.io)*,* [*新松机器人 Siasun (SZSE filing 2026-025)*](https://pdf.dfcfw.com/pdf/H2%5FAN202607171827060921%5F1.pdf?ref=asia-tech-news.ghost.io)*,* [*中国经营报 China Business Journal*](https://finance.eastmoney.com/a/202605083731848868.html?ref=asia-tech-news.ghost.io)*,* [*中国中车 CRRC (HKEX filing)*](https://www1.hkexnews.hk/listedco/listconews/sehk/2019/1209/2019120900617%5Fc.pdf?ref=asia-tech-news.ghost.io)*,* [*新松机器人 Siasun (news release)*](https://www.siasun.com/news-detail301.html?ref=asia-tech-news.ghost.io)

*Editor: Ian Lamont*