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AgiBot | Company Profile

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COMPANY PROFILE / DRONES AND ROBOTICS

AgiBot
A private Shanghai company, founded in 2023, that moved from humanoids to quadruped and cleaning robots in a few years

AgiBot (AgiBot Innovation, known in Chinese as Zhiyuan Robotics; Shanghai) is a privately held company founded in February 2023. Its official website lists, with specifications, the humanoid “Expedition” (A series), the small humanoid “Lingxi” (X series), the wheeled “Genie” (G series), the quadruped D1 and the commercial cleaning robot Juechen C5. The company says its cumulative production (units that left the production line) reached 20,000 in September 2026 (a company claim). However, revenue, profit, funding and headcount appear in neither its official materials nor any exchange document, so this profile writes “not disclosed”. One more caution: a holding vehicle backed by people linked to AgiBot took control in 2025 of Swancor, a materials company listed on the Shanghai STAR Market. Swancor is a separate company and its finances are not AgiBot’s. This profile stays within the official website and exchange documents, and treats “number one in shipments” as a company claim. Checked 25 October 2026.

Built from AgiBot’s official company and product pages, and from the interim report, announcements and a financial adviser’s report of Swancor (688585, Shanghai STAR Market) / Checked 25 October 2026

What this article covers
  1. AgiBot in 30 seconds, and where it stands in drones and robotics
  2. The logo and how the name is written
  3. Where the company sits in the drones and robotics field
  4. Scale (including items not disclosed)
  5. Resources committed to robots
  6. What it has done so far
  7. What comes next
  8. What the company is aiming for in drones and robotics
  9. Map of partnerships in drones and robotics
  10. Technology, products and services
  11. The risks this company carries
  12. Glossary / References / Claim-to-source audit

1. AgiBot in 30 seconds, and where it stands in drones and robotics

LEGAL NAMEAgiBot Innovation (Shanghai) Technology Co., Ltd.Known as AgiBot or Zhiyuan Robotics. Founded in February 2023 (official milestones). When it became a joint-stock company could not be confirmed
HEADQUARTERSPudong, Shanghai, ChinaThe official address is the AgiBot building in Kangqiao, Pudong. It also has sites in Beijing and Shenzhen, and a data collection center in Pudong
LISTINGNot listedA related listed company, Swancor (688585, STAR Market), is controlled by a holding vehicle of people linked to AgiBot, but it is a separate company
TYPE IN THIS FIELDHumanoids & physical AI (primary)
Industrial & specialist robots (secondary)
Humanoid and wheeled robots are the core. Quadruped, cleaning and the industrial Genie G2 are the secondary type. The classification is ours
REVENUE, PROFIT, FUNDINGNot disclosedCould not be confirmed on the official site or in exchange documents. Press-based figures are not used
CUMULATIVE PRODUCTION (company claim)20,000 units (September 2026)Units that “left the production line”. 1,000 in January 2025, 10,000 in March 2026 and 15,000 in June 2026 were announced earlier
MAIN PRODUCTSHumanoid: A2, A3
Small humanoid: X2
Wheeled: G1, G2
Quadruped: D1  Cleaning: C5
For research, exhibition, business, industry and cleaning. Specifications are on the official site (company stated)
EMPLOYEESNot disclosedCould not be confirmed in official materials
The one point to grasp first

In about three and a half years since its founding AgiBot has widened its range to humanoid, wheeled, quadruped and cleaning robots, AI models, a developer platform and data collection. The official site gives a specification table for each product and announces cumulative production at milestones Sourced. But revenue, profit and funding are not disclosed, and statements such as “number one in humanoid shipments in 2025” are company claims with no source shown. Note also an easy mix-up: the holding vehicle of people linked to AgiBot took control of Swancor in 2025, but Swancor is a materials company (for example for wind-turbine blades) and not a subsidiary of AgiBot Sourced. Swancor is also developing its own consumer robots (Qiyuan), which had no revenue as of June 2026. This profile reads the two companies separately.

2. The logo and how the name is written

A note on names: the registered name is AgiBot Innovation (Shanghai) Technology Co., Ltd. (Zhiyuan Chuangxin in pinyin, our romanization), also called Zhiyuan Robotics, and the brand is written AGIBOT (from AGI, artificial general intelligence, and BOT, robot). The series names Expedition (A series, Yuanzheng in Chinese), Lingxi (X series), Genie (G series), D1 and Juechen (C series) are not company names. Swancor (SWANCOR, STAR Market 688585) is a different listed company, controlled by the holding vehicle Zhiyuan Hengyue.

Official site: https://www.zhiyuan-robot.com/ (the logo is the official header image; it is white, so it is shown on a dark background, and the image itself contains the company’s Chinese name)

3. Where the company sits in the drones and robotics field

Four types of company in drones and robotics Even among “robot companies”, what a firm makes and who it sells to shapes its strengths and its challenges Humanoids & physical AI Industrial & specialist robots Drones & eVTOL Components & enabling software Humanoid, learning robots Factory, clinic, inspection Aircraft and their operation Parts and AI behind robots Figure AI / Boston Dynamics Unitree / UBTech FANUC / Yaskawa Universal Robots / Intuitive DJI / Skydio Zipline / Joby Harmonic Drive NVIDIA Learning, versatility Track record, reliability Airspace uses, compliance Presence in supply chains Mass production unproven Adapting to change; price Regulation, certification Depends on shipments Mainly humanoids & physical AI, with quadruped and cleaning robots secondary (ours) It sells humanoid, wheeled, quadruped and cleaning robots and a developer platform (per its site)
Fig. 1 Four types of company in drones and robotics, and where AgiBot sits. The grouping is ours; example companies are drawn from those profiled in this series Our calculation. That AgiBot lists humanoid, wheeled, quadruped and cleaning robots under its own brand comes from its official site.

See also our explainers on humanoid robots, robot foundation models and VLA, and robot vision and recognition. AgiBot’s products fall into humanoids (the A2 and A3 for exhibition, business and research, and the small X2), wheeled work robots (Genie G1 and G2), quadrupeds (D1), commercial cleaning (Juechen C5), and hands, data collection and an AI development platform. The groupings are ours, not the company’s own Our calculation.

4. Scale (including items not disclosed)

AgiBot is private, has no disclosure obligation, and its official site shows no revenue or profit. The one scale figure we could confirm is the cumulative production count in the official milestones Sourced.

DateCumulative production (company claim)Company wording
January 2025Passed 1,000General-purpose robots off the line passed 1,000
March 202610,000General-purpose embodied robots, cumulative off the line, 10,000
June 202615,000Same
September 202620,000Same

“Off the line” means leaving the production line; it is not units delivered to customers or in operation. The company also says the A2 was “delivered in the thousands”, but the official materials give no breakdown by product or use. The December 2025 milestone “number one in humanoid shipments worldwide” has no source shown and is not adopted here.

ItemStatus
Revenue and profitNot disclosed (could not be confirmed)
Funding and valuationNot disclosed (could not be confirmed). Press-based figures are not used
HeadcountNot disclosed (could not be confirmed)
SitesHead-office building in Pudong, Shanghai; Beijing; Shenzhen. A data collection center in Pudong (its own 3,000 square meter collection factory, September 2024)
ListingNot listed. The related company Swancor (688585) is separate

For reference, here are first-half 2026 figures for the related listed company, Swancor. They are not AgiBot’s figures. Revenue was CNY 802.73 million (+2.42% year on year), net loss attributable to owners CNY 166.54 million and R&D CNY 180.25 million, of which CNY 163.90 million went to the consumer embodied-robot business. The company says it has already received CNY 210 million in advance payments for that business but has not yet booked revenue Sourced.

A caution

Swancor’s finances are not AgiBot’s. Swancor’s loss and R&D in the first half of 2026 belong to the Swancor group, including consumer robots (Qiyuan Q1 and T1) that it develops under its own name. Swancor itself says: “AgiBot is one of our indirect shareholders; the two run independently, and there are no other related-party transactions” Sourced. Also, “cumulative production”, “units delivered” and “revenue” are different measures. This article sets out the company’s statements as they are and does not estimate AgiBot’s scale.

5. Resources committed to robots

The table shows whether the four points (people, money, outside investments and acquisitions, and ties with universities and public bodies) could be confirmed. “Not confirmed” is also a result.

Type of resourceDetailsClass
PeopleHeadcount and R&D staff could not be confirmed. The chairman and CEO is Deng Taihua (formerly a vice president of Huawei). Swancor’s announcement says co-founder Peng Zhihui is Swancor’s chairman and also holds a position at AgiBotSourced (headcount not confirmed)
Money: R&D and capital spendingAmounts could not be confirmed. The official milestones list a smart-manufacturing base in Shanghai (January 2024) and its own 3,000 square meter data collection factory (September 2024)Sourced (amounts not confirmed)
Money: financingAgiBot’s own funding could not be confirmed. What exchange documents show is a loan AgiBot guarantees: for the Swancor tender offer, Zhiyuan Hengyue signed a syndicated loan of up to CNY 1.39 billion with Shanghai Pudong Development Bank and China Merchants Bank (120 months), jointly guaranteed by AgiBot InnovationSourced (funding not confirmed)
Outside investments and acquisitionsUnder agreements of 8 July 2025, Zhiyuan Hengyue took 24.99% of Swancor by negotiated transfer and its concert party, Zhiyuan Xinchuang Partnership, took 5.00% in all. A partial tender offer (29 September to 28 October 2025, up to 37.00%) drew 135,663,336 shares (33.6332%), and the acquirer and concert party together held 63.6232%. The maximum funds needed for the offer were CNY 1.161 billion. The acquirer is a holding vehicle co-invested by AgiBot Innovation, core executives and industry investorsSourced
Universities, research bodies and public bodiesThe official site has an “academic research” section and open-source releases such as AGIBOT World. A specific joint-research agreement with a university or public body could not be confirmedSourced (agreements not confirmed)

The main products are summarized below from the official product pages (checked 25 October 2026). Figures are company stated values and vary with model and conditions.

ProductTypeMain specifications (company stated)StageReference
Expedition A2 (flagship, lite)Full-size humanoidFlagship: 169 cm, 69 kg, 40 degrees of freedom, up to 1.2 m/s, knee peak torque 270 N·m, 14.4 Ah battery (3 hours standing work). Lite: 23 degrees of freedom, 0.8 m/s. The company cites a 5,100-hour walking test (up to 1,300 hours continuous) and a 92-step full inspectionSpecs published (purchase link)Reference 2 https://www.zhiyuan-robot.com/products/A2_Ultra
Expedition A3Full-size humanoid173 cm, 55 kg, about 10 hours overall, 1,152 Wh in two packs, hot-swap battery change in 10 seconds, UWB positioning, group control of over 100 units. 90% of structural parts are magnesium alloySpecs publishedReference 3 https://www.zhiyuan-robot.com/products/A3
Lingxi X2 (lite, flagship)Small humanoidAbout 1.31 m, about 35 to 39 kg, 25 to 30 degrees of freedom, daily walking maximum 1.8 m/s (a typical 0.8 m/s or less), about 500 Wh battery, about 2 hours of continuous walkingSpecs publishedReference 4 https://www.zhiyuan-robot.com/products/X2
Genie G1Wheeled work robotHeight 130 to 180 cm (liftable), 150 kg, 20 degrees of freedom in the arms, over 4 hours, Jetson AGX Orin 64GB. Supports teleoperation by VR or full-body motion capture and data collectionSpecs published (purchase inquiries)Reference 5 https://www.zhiyuan-robot.com/products/G1
Genie G2Industrial work robot100% automotive-grade parts, IP42 protection, sub-millimeter assembly; force-controlled workFeatures publishedReference 6 https://www.zhiyuan-robot.com/products/G2
D1 Pro / EduQuadruped robot15.5 kg, up to 3.5 m/s, rated payload 5 kg, 16 cm stairs, 40-degree slopes, 1 to 2 hours. Aluminum alloy and high-strength engineering plasticSpecs publishedReference 7 https://www.zhiyuan-robot.com/products/D1_Pro
Juechen C5Commercial cleaning robot90 L water tank, 550 mm cleaning width, up to 1,980 square meters per hour, 3 hours of scrubbing. For commercial buildings, stations and hospitalsSpecs published (purchase inquiries)Reference 8 https://www.zhiyuan-robot.com/products/C5

“Industry first”, “world first” and “Guinness World Record” are the company’s own wording. The A2 page says a 106.286 km walk earned a Guinness World Record, but this article has not checked the record body’s document, and independent verification could not be confirmed. The statement that the A2 holds certifications in China, the U.S. and Europe (CR, CE-MD, CE-RED, FCC) is also a company claim; the scope (models and conditions) could not be checked in detail on the official pages.

Claims about deployment and demonstrations are set out too. The A2 page lists use as a guide in exhibition halls, appearances at broadcaster and film-festival events, and a gold award for a group dance at the World Humanoid Robot Games. The July 2025 milestone says “the world’s first routine industrial work by humanoid robots”, and February 2026 says “real-robot reinforcement learning put into an industrial line”. For none of these can we confirm whether the work was autonomous or remotely operated, the number of units, the hours, or independent verification. Please read them as company claims Sourced.

6. What it has done so far

WhenWhat happened (official milestones and exchange documents)Meaning
February and August 2023AgiBot was founded; the first humanoid, Expedition A1, was announced in AugustA humanoid shown within half a year of founding
January to December 2024A Shanghai smart-manufacturing base was settled (January), the A2 and Lingxi X1 announced (August), its own data collection factory built (September), and a dataset of a million real-robot records released (December)In-house products and data
January to August 2025Cumulative production passed 1,000 (January), foundation model GO-1 announced (March), certifications in China, the U.S. and Europe claimed (May), robot OS and world model released (July and August)Models, OS and certifications put in place
8 July to 7 November 2025Zhiyuan Hengyue acquired Swancor shares (24.99% by negotiated transfer and more) and ran a partial tender offer (29 September to 28 October). The acquirer and concert party held 63.6232%; the transfer of shares completed on 7 NovemberControl of a related listed company
October to December 2025The no-code creation platform (October) and a persona platform (November) launched. In December the company claimed number one in humanoid shipments for 2025Platforms for developers and consumers widened
February to June 2026A robot-themed TV program (February), cumulative production of 10,000 (March), the APC2026 partner conference (April), 15,000 (June)Production milestones announced
July to September 2026The company says all core products passed top-level international safety certification (July), says it ranked first in gold and total medals at a robot games (August), and 20,000 cumulative units (September)Scale and certification messaging

7. What comes next

AGIBOT’S OWN PLANSNo numerical plan foundThe official site says an “industry XYZ growth curve” was announced at APC2026, but no target for units, revenue or timing could be confirmed
SWANCOR’S CONSUMER ROBOTSAt R&D and trial stageThe August 2026 notice says mass production needs time, and launch timing and sales are uncertain. No revenue as of end of June 2026
THE ACQUIRER’S PLEDGENo asset restructuring or reverse listingThe announcement records the acquirer’s pledge not to restructure Swancor’s assets or use it for a reverse listing
DEVELOPER PLATFORMExpanding open sourceGenie Studio, AimRT, Link-U OS and AGIBOT World are published (GitHub). No target values could be confirmed

AgiBot’s own numerical plans (annual units, revenue, any listing) could not be confirmed in official materials or exchange documents. Without relying on press reports, we write “not confirmed” for any listing plan Not yet confirmed.

What could not be confirmed

None of the following could be confirmed on the official site or in exchange documents Not yet confirmed: AgiBot’s revenue, profit, funding and valuation; headcount; units delivered (versus cumulative production) and customer names; what tasks humanoids actually performed in factories, with unit counts, hours and whether autonomous or remote; the scope of each certification; any listing plan for AgiBot itself; its response to the new FCC measure (28 July 2026). “Number one” and “world first” are company claims that this article has not verified.

8. What the company is aiming for in drones and robotics

This part includes things the company has not said directly. It is inference within what the primary sources show, written with its grounds.

What can be readPrimary-source groundsClass
It is aiming to be a full-line maker (bodies, AI, data and a developer platform)The official site lists humanoid, wheeled, quadruped and cleaning products, the GO-1 foundation model, a robot OS, a million-record dataset, a data collection factory and developer platformsInference
It stresses showing scale through milestone announcementsCumulative production announced as 1,000 (January 2025), 10,000 (March 2026), 15,000 (June 2026) and 20,000 (September 2026)Inference
Consumer robots sit in a separate company (Swancor’s Qiyuan), with AgiBot itself serving industry, business and researchSwancor’s notice says the applications differ from those of its related party and that there is no substantial competitionSourced (company statement)
It is using a related listed company to gain access to the A-share marketThe stated purpose of the offer cites the A-share market’s service to technology industries; the acquirer is a holding vehicle of AgiBot, executives and industry investorsInference
It treats safety and certification as a selling pointThe A2 page lists certifications in China, the U.S. and Europe, and the July 2026 milestone claims safety certification of all core productsInference
One inference in more detail

AgiBot announces cumulative production as “1,000 (January 2025), 10,000 (March 2026), 20,000 (September 2026)”, and its A2 page says units were “delivered in the thousands” Sourced. At the same time it does not give revenue, units delivered or customer names. From this, this article reads the company as “showing scale through production counts and range of products, in place of financial figures”. But production counts are not the same as deliveries or sales, so the real state of the business cannot be confirmed Not yet confirmed.

9. Map of partnerships in drones and robotics

Relationships around AgiBot in drones and robotics Only relationships in the filings and site; press-based ones excluded (25 October 2026) AgiBot Robot maker Exhibitions, broadcasters Where the A2 appeared (stated) Developers, researchers Genie Studio, AimRT published Swancor (688585) Vehicle holds 63.62% Zhiyuan Hengyue (vehicle) AgiBot, executives, investors NVIDIA Jetson Orin boards used SPD Bank, China Merchants Syndicated loan, AgiBot guarantees BYD, SAIC Capital, etc. Concert-party vehicle investors Automotive-grade part makers G2 parts are automotive grade Deployments, joint initiatives Parts and technology suppliers Equity, control, loans
Fig. 2 Sources: the official product pages, Swancor announcements and the financial adviser’s report. Swancor is a separate listed company controlled by Zhiyuan Hengyue, a holding vehicle of people linked to AgiBot. NVIDIA appears only as the compute board named in the A2 and G1 specification tables; the terms of any contract could not be confirmed. BYD, SAIC Capital and others are investors in the concert-party partnership, and whether they are AgiBot shareholders could not be confirmed. Dotted lines show equity, control or loans and do not imply joint development.

10. Technology, products and services

LayerMain productsWhat the official sources say
BodiesHumanoids: Expedition A2, A3 and Lingxi X1, X2. Wheeled: Genie G1, G1 Max, G2. Quadruped: D1. Cleaning: Juechen C4, C5For exhibition, business, research, industry and cleaning. Software can be updated over the air every few months, the company says
AI models and OSFoundation model GO-1, a world model, the robot OS “Link-U OS”, middleware AimRTThe milestones say GO-1 appeared in March 2025, the OS in July and the world model in August. Published on GitHub
DataThe AGIBOT World dataset, a data collection factory, data servicesA dataset of a million real-robot records published in December 2024; its own 3,000 square meter data collection factory
Development platformsGenie Studio, the no-code creation platform, the persona platformA platform to create motions without code, and one to set a robot’s personality
Hands and partsOmniHand, OmniPicker (AGILINK brand)Hands and grippers for humanoid and wheeled robots. Specification details were not checked here
A materials engineer’s view: a light humanoid that tolerates heat and runs long

Magnesium alloy for lightness: the company says the A3 uses magnesium alloy for 90% of its structural parts, with titanium alloy and TPU (a soft thermoplastic polyurethane) covering, to hold weight to 55 kg Sourced. Magnesium is lighter than aluminum but burns and corrodes more easily, so it needs surface treatment (see our explainer on structural materials for robots and drones).

Heat and battery: the company says improved cooling halved the number of fans on the A3 and lets it run above 45 degrees C. The battery uses tabless cells (more electrode tabs to lower internal resistance), 1,152 Wh in two packs, about 10 hours of operation and a 10-second swap Sourced. See our explainer on power sources for robots and drones.

Quadruped and parts materials: the D1 uses aluminum alloy and high-strength engineering plastic and weighs 15.5 kg. The G2 is said to use automotive-grade parts throughout, with IP42 protection Sourced.

A related materials company: Swancor says in its interim report that it applied its high-performance composite technology to robot shoes and structural parts, delivered samples and is testing them. That is Swancor’s business, and adoption in AgiBot’s products could not be confirmed Not yet confirmed.

11. The risks this company carries

RiskDetailsClass
Finances not visibleRevenue, profit, funding and headcount are not disclosed, so durability and price competitiveness cannot be checked from published materialSourced (within disclosures)
Limited unit measuresThe published count is cumulative production; units delivered, units in operation and the customer breakdown could not be confirmed. “Number one in shipments” is a company claim with no source shownSourced
Verification of demonstrationsFor “routine industrial work” and similar claims, autonomy versus teleoperation, unit counts, hours and independent verification could not be confirmedSourced
U.S. regulationOn 28 July 2026 the FCC added foreign-produced advanced robotic devices to the Covered List (official document). The company says the A2 holds FCC authorization. The effect on new models and the company’s response could not be confirmedSourced (response not confirmed)
A guaranteed acquisition loanAgiBot Innovation is joint guarantor of Zhiyuan Hengyue’s syndicated loan of up to CNY 1.39 billion (120 months); the loan can cover up to 71.44% of the acquisition considerationSourced
Confusion with the related companySwancor’s finances (net loss of CNY 166.54 million in the first half of 2026) are not AgiBot’s, and its consumer robots had no revenue. Swancor itself notes that only about 16% of its A-shares are held outside the controlling groupSourced
Household safety and dataSwancor’s notice lists collision safety and the storage and permissions of home audio and video data as issues for household robots. A similar statement about AgiBot itself could not be confirmedSourced (Swancor’s statement)

12. Glossary

Embodied AI
AI that has a body, a robot, and learns by acting in the real world.
“Off the line” (cumulative production)
Units that left the production line. A different measure from units delivered to customers or booked as revenue.
GO-1
A general-purpose embodied foundation model that the milestones say AgiBot announced in March 2025.
OTA
Updating a robot’s software over a network.
Partial tender offer
An offer to a listed company’s shareholders to buy part of their shares at a stated price. For Swancor it was up to 37%.
Concert party
Parties who act together with the acquirer, for example in voting.
STAR Market
The Shanghai Stock Exchange’s market for science and technology companies.
Syndicated loan
A loan made jointly by several banks.
Tabless cell
A battery cell with many electrode tabs, which lowers internal resistance and heat.
IP42
A dust and water protection rating: guards against objects over 4 mm and vertically dripping water.
A humanoid step test is paired with joint and foot details. Task performance depends on stable posture and actuators as well as perception.
Fig. 3. Concept illustration generated with ImageGen. A humanoid step test is paired with joint and foot details. Task performance depends on stable posture and actuators as well as perception. Not an actual product, facility or measurement. Cutaways, colours and arrows explain the concept; proportions are illustrative.

13. References

  1. AgiBot Innovation (Shanghai) Technology Co., Ltd. (AgiBot) Official website: company profile and milestones (in Chinese; checked 25 October 2026). Founding, cumulative production milestones, sites, and the company’s statements about certifications and records. https://www.zhiyuan-robot.com/company/profile
  2. AgiBot Official product page: Expedition A2 (in Chinese). Specification table for the A2 flagship and A2 lite, the 5,100-hour walking test, certifications and deployment statements. https://www.zhiyuan-robot.com/products/A2_Ultra
  3. AgiBot Official product page: Expedition A3 (in Chinese). Height 173 cm, weight 55 kg, battery and materials. https://www.zhiyuan-robot.com/products/A3
  4. AgiBot Official product page: Lingxi X2 (in Chinese). Specification table for the X2 lite and flagship. https://www.zhiyuan-robot.com/products/X2
  5. AgiBot Official product page: Genie G1 (in Chinese). Specifications of the wheeled general-purpose embodied robot. https://www.zhiyuan-robot.com/products/G1
  6. AgiBot Official product page: Genie G2 (in Chinese). Features of the industrial work robot. https://www.zhiyuan-robot.com/products/G2
  7. AgiBot Official product page: D1 Pro / Edu (in Chinese). Specification table for the quadruped robot. https://www.zhiyuan-robot.com/products/D1_Pro
  8. AgiBot Official product page: Juechen C5 (in Chinese). Specifications of the commercial cleaning robot. https://www.zhiyuan-robot.com/products/C5
  9. Swancor Advanced Materials Co., Ltd. (688585) 2026 Interim Report (in Chinese; 15 August 2026; Shanghai STAR Market). Its consumer embodied-robot business (Qiyuan Q1 and T1), R&D spending, advance payments and finances. https://static.cninfo.com.cn/finalpage/2026-08-15/1225475850.PDF
  10. Huatai United Securities (financial adviser) Financial adviser’s report on the tender offer for Swancor by Shanghai Zhiyuan Hengyue Technology Partnership (in Chinese; 25 September 2025). The acquirer’s make-up, funding, loan agreement and ultimate controller. https://static.cninfo.com.cn/finalpage/2025-09-25/1224679292.PDF
  11. Swancor Advanced Materials Co., Ltd. (688585) Announcement of the tender offer result and trading resumption (in Chinese; 30 October 2025). Shares tendered and holdings after the offer. https://static.cninfo.com.cn/finalpage/2025-10-30/1224762958.PDF
  12. Swancor Advanced Materials Co., Ltd. (688585) Share-trading risk notice (in Chinese; 15 August 2026). AgiBot is an indirect shareholder, the company’s independence, and its consumer robots being at the R&D and trial stage. https://static.cninfo.com.cn/finalpage/2026-08-15/1225475855.PDF
  13. Shanghai Zhiyuan Hengyue Technology Partnership Swancor detailed equity-change report, revised (in Chinese; 16 August 2025). When AgiBot was founded, its product families, and the background of the acquisition. https://static.cninfo.com.cn/finalpage/2025-08-16/1224500213.PDF
  14. Federal Communications Commission (FCC) Public Notice DA 26-786 (28 July 2026): addition of foreign-produced advanced robotic devices to the Covered List. https://docs.fcc.gov/public/attachments/DA-26-786A1.pdf

14. Claim-to-source audit

Claim in the textClassSource
Founding (February 2023), cumulative production (1,000, 10,000, 15,000, 20,000), milestones, sites, and company statements on certifications, records and demonstrationsSourcedReference 1 https://www.zhiyuan-robot.com/company/profile
A2 specifications (flagship and lite), the 5,100-hour test, 92-step inspection, certifications and deployment statementsSourcedReference 2 https://www.zhiyuan-robot.com/products/A2_Ultra
A3 specifications (173 cm, 55 kg, 10 hours, 1,152 Wh, 90% magnesium alloy)SourcedReference 3 https://www.zhiyuan-robot.com/products/A3
X2 specifications (lite and flagship)SourcedReference 4 https://www.zhiyuan-robot.com/products/X2
G1 specifications (wheeled, 20 degrees of freedom, Jetson AGX Orin)SourcedReference 5 https://www.zhiyuan-robot.com/products/G1
G2 features (100% automotive-grade parts, IP42)SourcedReference 6 https://www.zhiyuan-robot.com/products/G2
D1 specifications (15.5 kg, 3.5 m/s, 5 kg) and materialsSourcedReference 7 https://www.zhiyuan-robot.com/products/D1_Pro
C5 specifications (90 L, 550 mm, 1,980 square meters per hour)SourcedReference 8 https://www.zhiyuan-robot.com/products/C5
Swancor’s first-half 2026 revenue, loss, R&D, CNY 210 million advance payments, Qiyuan Q1 and T1, 180 R&D staff, patentsSourcedReference 9 https://static.cninfo.com.cn/finalpage/2026-08-15/1225475850.PDF
The acquirer’s make-up, maximum funds of CNY 1.161 billion, the syndicated loan (up to CNY 1.39 billion, 120 months) and AgiBot’s guarantee, Deng Taihua’s backgroundSourcedReference 10 https://static.cninfo.com.cn/finalpage/2025-09-25/1224679292.PDF
The tender offer result (135,663,336 shares tendered; acquirer and concert party hold 63.6232%)SourcedReference 11 https://static.cninfo.com.cn/finalpage/2025-10-30/1224762958.PDF
AgiBot being an indirect shareholder, consumer robots at the R&D and trial stage, Peng Zhihui’s dual role, the share of A-shares held outside the groupSourcedReference 12 https://static.cninfo.com.cn/finalpage/2026-08-15/1225475855.PDF
When AgiBot was founded (February 2023) and its product families (Expedition, Genie, Lingxi)SourcedReference 13 https://static.cninfo.com.cn/finalpage/2025-08-16/1224500213.PDF
Addition to the FCC Covered List (28 July 2026, foreign-produced advanced robotic devices)SourcedReference 14 https://docs.fcc.gov/public/attachments/DA-26-786A1.pdf
AgiBot’s revenue, profit, funding, headcount, units delivered, customer names, tasks done in factories, scope of certifications, listing plan and response to the FCCNot yet confirmedReference 1 https://www.zhiyuan-robot.com/company/profile Reference 13 https://static.cninfo.com.cn/finalpage/2025-08-16/1224500213.PDF
“Number one in shipments”, “world first” and “Guinness record” claimsNot yet confirmedReference 1 https://www.zhiyuan-robot.com/company/profile Reference 2 https://www.zhiyuan-robot.com/products/A2_Ultra
The milestone table for cumulative production and the points about the limits of unit measuresOur calculationOur own arrangement of the official milestones
The four-type classification of drone and robotics companies and AgiBot’s positionOur calculationOur own grouping; company names are examples from firms covered in this series
A full-line maker, announcing scale at milestones, access to the A-share market, safety and certification as a selling pointInferenceOur own interpretation of the official site and exchange documents
A materials engineer’s view (magnesium alloy, TPU, tabless cells, automotive-grade parts)ExplainerCommentary: a general technical explanation; figures are company stated values that this article has not verified

Last updated 25 October 2026 / Troy Technical
This article is based on AgiBot’s official website (company profile and product pages) and on the interim report, announcements and financial adviser’s report of Swancor (688585, STAR Market of the Shanghai Stock Exchange). Because AgiBot is private, its finances are written as “not disclosed”. No research-firm estimates or press-based figures (including estimates of shipments, valuation or funding) have been used. “Number one”, “world first” and similar statements are company claims and are not verified here. Passages marked “Inference” are this article’s interpretation of primary sources, not statements made by the company. Share prices, valuations and investment decisions are not addressed.

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