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Lingyun Industrial closes fundraising account, provides performance update

September 9, 2025 at 10:30 AM UTCBy FilingReader AI

Lingyun Industrial Corporation held its 2025 semi-annual performance briefing on September 9, 2025, with key executives addressing investor questions on human-form robot force sensors, solid-state battery technology, and market valuation. The company confirmed its human-form robot force sensor products are delivering small batch orders and that its Lingyun Huawei joint venture, established in 2024, achieved profitability with sales contributing less than 1% to the company's 2024 consolidated revenue. The company also reiterated its commitment to technology innovation, market expansion, and enhanced operational efficiency.

Lingyun Industrial confirmed the closure of a fundraising account with China Everbright Bank's Baoding Zhuozhou Branch. The account, which had a balance of yuan 0.00, was associated with the non-public issuance of 153,503,893 shares in March 2022, raising total funds of yuan 1,379,999,998.07. The account closure, effective September 8, 2025, reflects the completion of certain fundraising projects and the company’s efforts to streamline account management.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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