Real Estate Decline Drives *ST Jiuding to Invest in Humanoid Robotics
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- leaderobot.com
In the first half of 2026, China's real estate development investment fell by 18.0%, with new housing sales and revenue also declining significantly. Traditional real estate companies are facing a crisis as the land market benefits diminish, prompting a shift towards humanoid robotics as a potential lifeline. *ST Jiuding, experiencing a drastic 79.19% drop in real estate revenue, is pivoting to humanoid robotics, focusing on core components and strategic investments to secure its future.
This transition is crucial as *ST Jiuding's traditional business is retreating, with plans to exit real estate and private equity sectors. The only growth area is construction, which saw a 346.15% increase in revenue, but it is insufficient to cover losses. The company is now betting on humanoid robotics, having restructured its operations to separate traditional and new business lines, with the latter focusing on robotics.
Key steps include acquiring a majority stake in Nanjing Shenyuan to enter the six-dimensional force sensor market, establishing a joint venture for robotic joint modules, and strategically investing in promising companies within the AI and humanoid robotics sectors. No further timeline was disclosed at the time of publication.
Original report
Traditional Real Estate Declines, Robots to the Rescue?
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