EngineAI recently announced the consecutive completion of Pre-A++ and Series A1 funding rounds, raising approximately 1 billion yuan. Rockets Capital, whose strategic anchor investor is XPENG, participated in the Pre-A++ funding round, and Duolun Technology got involved in the investment via Zhuhai Xingxin Investment Fund under the management of Rockets Capital. This investment not only signifies a key step Duolun Technology takes in its strategic deployment in the field of humanoid robots, but also demonstrates its forward-looking move in the arena of intelligent technology.

As a technology-driven enterprise that has stepped up its presence in the transportation sector for many years, Duolun Technology has recently expanded its business boundaries and strategically focused on promising emerging industries. The establishment of Zhuhai Xingxin Investment Fund and the strategic investment in EngineAI mark the company’s significant milestones in the arena of cutting-edge intelligent technology and also a crucial move to strengthen the synergy between upstream and downstream industry chains and promote strategic upgrading. The investment will allow Duolun Technology to improve its capabilities in secondary development and contract manufacturing of humanoid robots in driving, road safety, traffic management and more. Additionally, it is complementary to the IMU business of Bynav, a tech company Duolun Technology invests in, creating a closed loop for its deployment in humanoid robotics.

EngineAI, a fast-growing company in the humanoid robot market, has always seen technological breakthrough as a core growth engine. It has continually increased its presence in hardware research and development and algorithm innovation, committed to developing highly intelligent and flexible humanoid robots. From the perspective of hardware, EngineAI leads the industry with self-developed joint modules in core indicators, such as explosive force, torque, and rotational speed, providing a solid support for achieving a highly anthropomorphic movement gait. At the algorithmic level, its team overcame the Sim2Real gap to build a unique technical barrier, which effectively bridges the gap between simulation and reality. It enables millimeter-level precision control of robots in high-dynamic scenes, including complex dance moves, backflips, and high-speed running.

EngineAI commercializes products with the model of “open source hardware + ecological profit sharing”. Relying on high-performance humanoid robots, it cooperates with leading partners from both home and abroad, including NVIDIA, Amazon, JD.com, Tencent, and ByteDance, to construct an in-depth collaborative ecosystem, covering various scenarios, such as commercial service, hazardous operations, cultural tourism and recreation. Industry research institutions predict that the global humanoid robot market will exceed USD 100 billion by 2030. There is a big demand gap in such ToB sectors as manufacturing, services, and logistics. EngineAI’s technological accumulation and scenario application align well with this development trend.

In today’s era of global digitalization, public security informatization has emerged as a key driver in advancing the modernization of public security work. Looking forward, during the 15^th Five-Year Plan period, further focus will fall on a new digital policing paradigm of "global perception, intelligent decision-making, precise execution" and the establishment of a new modernized policing system deeply integrating “police robots”, which will facilitate the comprehensive transformation in public security work in terms of quality, efficiency and motivation. This investment will bring multiple business benefits to Duolun Technology, promote the deep integration of its intelligent technology and the existing transportation business and therefore boost the diversification of its business.

“Humanoid robots are next-generation disruptive terminals following smartphones and smart vehicles, and EngineAI has jumped into the list of top companies with its strong hardware R&D strength and a clear roadmap of intelligent technology,” said Yuan Bing, Managing Partner of Rockets Capital. This evaluation confirms the forward-looking investment decision of Duolun Technology.

Amid the rapid development of technologies, Duolun Technology will further improve its strategic blueprint in the intelligent technology field through this investment. The company will, leveraging the technical strength of EngineAI, tap into the potential of applications of robots in the transportation sector and deepen technology-business integration. When the robot industry sees a boom, Duolun Technology will enhance its overall anti-risk capability and profitability through ecosystem construction and technological collaboration, aiming to open up new growth paths for sustainable development.