Robot Semiconductor Equipment Subsidiary Seeks New Funding Round, Valuation Reaches 1.4 Billion Yuan After First Round of Financing

As a strategic emerging business of the listed company Robotics (300024), “Semiconductor Equipment” has received high attention from the company.

Securities Times·e Company reporter noted that Shenyang Siasun Semiconductor Equipment Co., Ltd. (hereinafter referred to as “Siasun Semiconductor”) is currently listed on the Beijing Equity Exchange for a capital increase project. The company plans to raise funds through “selective determination”; the number of investors to be solicited is no more than five; the proportion of shares or shareholding corresponding to the raised funds will not exceed 5%. The funds will mainly be used for research and development, sales, expansion, and supplementing operational funds.

The company mainly engages in related businesses along the robotics industry chain, covering core robot components, robot bodies, and robot system solutions. According to public information, the company began its layout in the semiconductor industry in 2005. Currently, its products in the semiconductor equipment industry are mainly vacuum manipulators and cluster-type equipment. Its downstream clients are semiconductor process equipment manufacturers.

Siasun Semiconductor was formerly the semiconductor equipment division of Siasun Robotics. In 2023, Siasun Semiconductor was established, with 100% ownership by Siasun Robotics. According to Siasun’s plan, this company will become its core platform for innovative R&D investments in the semiconductor field.

In the first half of 2024, Siasun Semiconductor publicly listed on the Beijing Equity Exchange to introduce strategic investors for capital increase and share expansion. At that time, as of the valuation date October 31, 2023, the company’s owner’s equity book value was 202 million yuan. Using the income approach for valuation, the total equity value of all shareholders was estimated at 984 million yuan, with an appreciation rate of 388.51%.

Regarding this capital increase, Siasun Robotics stated that semiconductor equipment is one of the company’s main business segments. By introducing strategic investors with strong comprehensive strength in the semiconductor field, on one hand, it promotes deep cooperation between Siasun Semiconductor and strategic customers in both business and capital, forming industrial chain synergy, accelerating the full implementation of domestic substitution for Siasun Semiconductor’s series of products, and promoting rapid business expansion; on the other hand, it supplements the operational funds for Siasun Semiconductor’s ongoing expansion, accelerates capacity building and market development, and provides financial support for continuous technological innovation, further enhancing its international competitiveness.

Ultimately, Beijing Integrated Circuit Equipment Industry Investment and M&A Fund (Limited Partnership), National Integrated Circuit Industry Investment Fund Phase II Co., Ltd., and Microchip Semiconductor (Shanghai) Co., Ltd., among nine strategic investors, invested a total of 400 million yuan to acquire an additional 80 million yuan of registered capital in Siasun Semiconductor. After the capital increase, the listed company holds 71.4286% of Siasun Semiconductor’s equity, while all strategic investors together hold 28.5714%. Siasun Semiconductor remains a controlling subsidiary within the consolidated financial statements of the listed company.

Based on this, the valuation of Siasun Semiconductor after the first round of financing has reached 1.4 billion yuan.

The latest listing information shows that Siasun Semiconductor’s revenue and net profit for 2024 are 566 million yuan and 65.96 million yuan, respectively. As of January 31, 2026, the company’s total assets are 1.233 billion yuan, and net assets are 713 million yuan.