SIASUN Company Profile: History, Ownership, Financials, Products and Stock

Oct 11

3 min read

Updated: 7 days ago

SIASUN is one of China's oldest and broadest robot makers, spun out of the Shenyang Institute of Automation of the Chinese Academy of Sciences in 2000. It has revenue of about CNY 4.1 billion and around 4,500 employees, and has been loss-making for the past two years. This profile sets out its history, ownership, results, products and listing.

SIASUN at a Glance

Fact	Detail
Company	SIASUN Robot & Automation Co., Ltd.
Founded	April 30, 2000
Founder	Qu Daokui
Headquarters	Hunnan District, Shenyang, Liaoning, China
Employees	About 4,513
Revenue	About CNY 4.12 billion in 2025
Robots shipped	About 13,676 in 2025, up about 65%
Largest shareholder	Shenyang Institute of Automation, Chinese Academy of Sciences, about 25%
Stock listing	Shenzhen Stock Exchange, ChiNext: 300024

Company History

The Shenyang Institute of Automation, founded in 1958, built China's first industrial robot prototype in 1982. SIASUN was incorporated in 2000 to commercialize that work, led by Qu Daokui; its Chinese name honors Jiang Xinsong, a former director of the institute. It listed on the ChiNext board in October 2009 and describes itself as the first Chinese robotics company to go public.

Key milestones

2000: Incorporated in Shenyang.
2009: Listed on ChiNext.
2014: DUCO collaborative robot brand established.
2017: New Shenyang industrial base opens.
2019: Construction begins on a plant in Thailand.
2024: Founder Qu Daokui retires from leading the company.
2025: Embodied Intelligence Research Institute established; Songxing humanoid unveiled.
2026: Nearly 100 heavy-payload robots deployed on a Geely welding line.

Financial Performance

Year	Revenue	Net income
2023	CNY 3.97 billion	Profit of CNY 49 million
2024	CNY 4.14 billion	Loss of CNY 194 million
2025	About CNY 4.12 billion	Loss of about CNY 398 million

Revenue has been flat while losses have widened, even though unit shipments rose about 65% in 2025. Research and development spending was about CNY 364 million in 2025, or 8.8% of revenue.

Products

Area	Products
Industrial robots	SR series articulated and SCARA robots, including heavy-payload models
Collaborative robots	DUCO brand GCR series, with payloads from 3 kg to 30 kg
Mobile robots	Automated guided vehicles and autonomous mobile robots
Semiconductor robots	Vacuum and cleanroom wafer-transfer robots
Special robots	Heavy-load transporters for defense and aerospace
Humanoid robots	Songxing two-legged and Songyi wheeled humanoids

Overseas subsidiaries or regional centers are located in Singapore, Thailand, Malaysia, Germany, Hungary, Japan, the United States and Mexico, and products are exported to more than 40 countries and regions.

SIASUN product reviews on All Things Cobots

Stock Information

Item	Detail
Listing	Shenzhen Stock Exchange, ChiNext: 300024
Listed since	October 30, 2009
Largest shareholder	Shenyang Institute of Automation, about 25%

Check a current market data source for the share price and market value.

Note: this section is general information, not investment advice.

Strengths and Challenges

Strengths

One of the widest robot ranges of any Chinese maker.
Roots in the Chinese Academy of Sciences.
Rising unit shipments and a growing overseas network.

Challenges

Two years of losses with flat revenue.
Intense domestic price competition.
Many product lines to fund at once.

Current Catalogue Coverage

Catalogue checked on 15 October 2026: 8 associated product records. The links below are representative entries, rather than a claim that every historical model is currently available.