SIASUN
SIASUN (新松机器人, 300024.SZ), founded by Chinese robotics academician Xu Yangsheng, is one of China earliest and largest domestic industrial robot makers, supplying articulated, SCARA, collaborative and mobile robots to automotive and electronics factories. The company is named after Jiang Xinsun, the “father of Chinese robotics”, and holds more than 100 Chinese robotics industry firsts, with 1,300+ invention patents and exports to 35+ countries.
Company Overview
SIASUN (新松机器人, 300024.SZ), founded by Chinese robotics academician Xu Yangsheng, is one of China earliest and largest domestic industrial robot makers, supplying articulated, SCARA, collaborative and mobile robots to automotive and electronics factories. The company is named after Jiang Xinsun, the “father of Chinese robotics”, and holds more than 100 Chinese robotics industry firsts, with 1,300+ invention patents and exports to 35+ countries.
Key Facts
| Chinese Name | 新松机器人 |
|---|---|
| Headquarters | Shenyang, China |
| Listing | 300024.SZ |
| Focus | Industrial & mobile robots |
| Official Site | https://www.siasun.com |
Data Snapshot
| Company | SIASUN |
|---|---|
| Chinese Name | 新松机器人 |
| Headquarters | Shenyang, China |
| Listing | 300024.SZ |
| Core Products | Industrial & mobile robots |
| Official Site | https://www.siasun.com |
Products & Specs
- mobile robots
Key Customers & Applications
- Industrial & mobile robots
Competitor Comparison
Chinese industrial-robot makers such as SIASUN are closing the gap with ABB, KUKA and FANUC in price-sensitive segments. SIASUN competes mainly on Industrial & mobile robots, local integration speed and supply-chain cost.
Milestones & Company History
- 2000 — Founded on 30 April by more than 20 researchers from the CAS Shenyang Institute of Automation robotics lab; becomes the national 863-program robotics industrialization base.
- 2000s — Builds China's first industrial robot prototype, first AGV, first welding robot and first clean-room robot; robots begin shipping overseas.
- 2009 — IPO on Shenzhen's ChiNext (ticker 300024, now the only A-share company literally named "Robot").
- 2019 — 18 years after founding, celebrates more than 100 industry firsts across five product families.
- 2020s — Deploys near-100 industrial robots on Geely's welding main line; builds one of China's largest robot industrial bases in Shenyang.
- 2025-2026 — Revenue reaches 4.12 billion CNY but net loss widens to -398 million CNY amid intense competition and exchange-rate pressure.
Product Lineup
| Category | Examples | Applications |
|---|---|---|
| Industrial robots | Articulated arms, welding robots | Automotive welding lines, general manufacturing |
| Mobile robots | AGVs, AMRs, warehouse automation | Logistics, semiconductors, automotive |
| Special robots | Clean-room robots, inspection robots | Semiconductor fabs, public security |
| Collaborative robots | Cobots within five product families | Flexible assembly |
| Automation systems | Welding / assembly / logistics automation | Complete factory solutions |
Financial Snapshot
| Period | Revenue (CNY) | Net profit (CNY) |
|---|---|---|
| 2024 | ~4.4 billion | -194 million |
| 2025 | 4.12 billion | -398 million (gross margin 12.5%) |
| 2026 H1 | 1.45 billion | -189 million |
Global Benchmark
SIASUN is the Chinese counterpart to ABB, KUKA and FANUC — the incumbent industrial-robot oligopoly. Its scale (4.12 billion CNY revenue) approaches the global majors' China business, and its claim to fame is strategic: SIASUN built China's first domestic industrial robot and AGV, replacing imports across automotive and 3C plants. Unlike profitable global incumbents, SIASUN's margins have compressed sharply in recent years, and 2025's net loss of -398 million CNY shows the price pressure in China's crowded industrial-robot market — the same market where rivals such as Estun and Topstar now compete fiercely.
Frequently Asked Questions
What does SIASUN do?
SIASUN (新松机器人) is a Chinese industrial-automation company focused on Industrial & mobile robots. It serves factories that need reliable, cost-effective robotic and automation systems.
How does SIASUN compare with ABB, KUKA or FANUC?
Chinese industrial-robot makers such as SIASUN are closing the gap with ABB, KUKA and FANUC in price-sensitive segments. SIASUN competes mainly on Industrial & mobile robots, local integration speed and supply-chain cost.
Where is SIASUN based?
SIASUN (新松机器人) is headquartered in Shenyang, China, China, near its main manufacturing customers.