Lingyi Intelligent Manufacturing Co.

What Lingyi Intelligent Manufacturing Co. does

Lingyi Intelligent Manufacturing Co. (Guangdong Lingyi Intelligent Manufacturing Co., Ltd.; SZSE: 002600), founded in 2006 and listed in 2018 via reverse merger, operates as a one-stop precision manufacturing platform serving global brand customers. Headquartered in Shenzhen Futian (opened February 2025) with 80+ production bases and delivery centers across 8 countries, the company employs over 100,000 people (including 7,935 R&D researchers) and reported RMB 442.11 billion in 2024 operating revenue (+29.56% YoY). It began as a die-cutting shop of 80 people and has scaled into a multi-process manufacturer covering stamping, CNC, anodizing, MIM, die casting, forging, injection molding, 3D printing, and assembly, including proprietary VC vapor chamber and liquid cooling thermal technologies.

The company's revenue is organized across four primary application areas: AI terminals (RMB 407.31 billion, 92% of revenue, +32.75% YoY) supplying precision components for smartphones, wearables, and AR/AI glasses including an exclusive orange-appearance carbon fiber coating for a North American major client; automotive and low-altitude economy (RMB 21.17 billion, +52.90% YoY); clean energy (RMB 11.71 billion); and AI server thermal and power solutions including GB200/GB300 liquid cooling plates for NVIDIA-based NVL72 configurations. A nascent but strategic fifth pillar is robotics, where Lingyi offers humanoid robots (Xingzhe, Lingyue, Linglong, Panshi), core components (servo motors, harmonic/cycloidal/RV reducers with patents in China/US/Japan, joint modules, dexterous hands), and ODM/assembly services, secured through 100+ unit orders from an industry-leading customer.

Lingyi's business model is direct enterprise sales with custom quote-based pricing on multi-year contracts, executed through a 'Global layout + Local response' strategy with localized overseas teams and a unique dual-CEO system with 80% international management. Named customers include a North American major client, AMD (graphics card core supplier), Brembo (braking systems), XREAL (AR glasses), Beijing Humanoid Robotics Innovation Center, AgiBot, and Aoyi Technology. Notable recent strategic actions include the January 2026 acquisition of Readore for server liquid cooling components, deepening AgiBot cooperation with joint venture plans, and ongoing H-share listing preparation in Hong Kong. The company holds 2,004 patents, ranks 334th on the Fortune China 500 for the eighth consecutive year, and holds MSCI ESG 'A' and Huazheng 'AA' ratings.

Name

Lingyi Intelligent Manufacturing Co.

Legal name

广东领益智造股份有限公司

Website

https://lingyiitech.com

Company type

Public

Founded year

2006

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Lingyi Intelligent Manufacturing Co. (SZSE: 002600) is a China-based global precision manufacturing platform providing one-stop functional components, structural parts, modules, and thermal solutions to top-tier consumer electronics, AI server, automotive, and humanoid robotics customers across 80+ production bases in 8 countries.

Ownership category

akta.pro rank

Product category

Precision Electronic Manufacturing Services

NAICS

Industrial Machinery Manufacturing (33324), Industrial Machinery Manufacturing (3332), Other General Purpose Machinery Manufacturing (3339)

SIC

Special Industry Machinery, Nec (3559), Special Industry Machinery (No Metalworking Machinery) (3550), General Industrial Machinery & Equipment, Nec (3569)

akta.pro primary industry

Factory Automation & Control Systems (PLC/SCADA/DCS) (IMAIAMAA)

Keywords

• Precision manufacturing services
• AI hardware components
• Humanoid robotics OEM
• Server liquid cooling
• Consumer electronics parts

Headquarters

HQ city

Dongguang

HQ country

China

HQ region

Asia

Offices23 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. AI终端业务 (AI Terminal Business): Primary revenue driver - precision functional components, structural components, and modules for AI terminals including smartphones, wearables, and other consumer electronics. In 2024 achieved approximately 407.31 billion RMB revenue with 32.75% YoY growth.
2. 汽车及低空经济业务 (Automotive and Low-Altitude Economy): Components and solutions for new energy vehicles and emerging low-altitude economy applications. 2024 revenue of 21.17 billion RMB, 52.90% YoY growth.
3. 机器人业务 (Robotics Business): Core components including servo motors, reducers,关节模组,灵巧手,整机组装 for humanoid and embodied intelligent robots. Actively pursuing mass production with over 100 units of humanoid robot orders from industry-leading customers.
4. AI服务器散热及电源 (AI Server Thermal and Power): Liquid cooling modules, heat sinks, power supplies (CRPS, BusBar, IBC) for AI servers and data centers. Including GB200/GB300 liquid cooling plates for NVIDIA-based configurations.
5. 清洁源业务 (Clean Energy Business): Clean energy related products and solutions. 2024 revenue of 11.71 billion RMB.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels6 records

Core offering

Lingyi Intelligent Manufacturing Co. is a global one-stop precision intelligent manufacturing platform that produces precision functional components, structural parts, modules, and chargers for AI terminals (smartphones, wearables, AI glasses), humanoid robots, AI servers (liquid cooling and power), and automotive/low-altitude economy applications. The company operates 80 production bases across 8 countries with 100,000+ employees and 2,004 patents, delivering everything from raw materials to finished products through die-cutting, stamping, CNC, MIM, die casting, 3D printing and assembly.

Product overview

Lingyi Intelligent Manufacturing Co. (领益智造) is a comprehensive intelligent manufacturing platform providing one-stop solutions across four major application areas: AI terminals, robots, AI servers, and automotive/low-altitude economy. The product portfolio includes humanoid robots (行者, 灵跃, 领珑, 磐石), robot components (joint modules, dexterous hands, servo motors, reducers, force sensors, wireless charging, thermal modules), AI server solutions (GB200/GB300 liquid cooling, GPU cooling, CRPS power supplies, vapor chambers), and precision manufacturing services. The company positions itself as a 'Three-in-One' strategy provider combining core component R&D, comprehensive hardware services, and industrial application scenario development for embodied intelligence.

Differentiator

Problem solved

Functional benefit

Products and services

• Humanoid Robot Xingzhe (人形机器人-行者) Commercial humanoid robot for exhibition and reception use cases with customizable gestures, voice module, face recognition, and 7-axis dual-arm coordination. Targeted at B2B service and demonstration scenarios.
• Humanoid Robot Lingyue (人形机器人-灵跃) Multi-scene adaptive humanoid robot for industrial assembly, inspection, and service scenarios featuring fast response speed and natural human-machine interaction. Targeted at factory and enterprise service operators.
• Humanoid Robot Linglong (人形机器人-领珑) Precision manufacturing humanoid robot with lightweight design for high-speed flexible movement, 0.03mm positioning accuracy, and high effective dual-arm payload. Targeted at precision electronics assembly and flexible manufacturing lines.
• Humanoid Robot Panshi (人形机器人-磐石) Heavy-duty logistics humanoid robot for pallet operations and large box handling with industrial-grade strength and high repeat positioning accuracy. Targeted at warehouse and logistics operators.
• Humanoid Robot Universal Chassis (人形机器人通用底盘) Intelligent 360-degree omni-directional mobile chassis for wheeled humanoid robots with plug-and-play interfaces and high-precision navigation. Targeted at robot OEMs and integrators building wheeled humanoid/AMR platforms.
• Joint Modules (关节模组) Full-coverage joint modules for humanoid robots including front arm, rear arm, and 6-axis rotary modules with lightweight design and high durability. Targeted at humanoid robot OEMs.
• 3C Precision Manufacturing Dexterous Hand (灵巧手) 3C precision manufacturing dexterous hand with 16-DOF lightweight anthropomorphic design, high finger control precision, long service life, and compatibility with mainstream humanoid and collaborative robots. Targeted at humanoid robot and cobot OEMs.
• GB200/GB300 Liquid Cooling Module (GB200/GB300 液冷散热模组) Liquid cooling plates for high-power AI servers (2700W-3100W TDP) in NVL72 RVL/AVL configurations, directly contacting GPU/CPU for heat exchange. Targeted at AI server OEMs and hyperscale data center customers.
• Common Redundant Power Supply CRPS (服务器通用冗余电源) Redundant CRPS power supplies for data centers and AI servers with 800W-4000W power range and hot-swappable features. Targeted at data center and AI server integrators.
• Precision Functional Components, Structural Parts, Modules (精密功能件、结构件、模组) One-stop intelligent manufacturing services for precision functional components, structural parts, and modules serving AI terminals, robots, servers, automotive, and low-altitude economy applications. Targeted at global OEM and brand customers across multiple industries.

Quantifiable outcome

• 2024 revenue 442.11 billion RMB, +29.56% YoY
• +7 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability1 record

Feature9 records

Partnerships

13 partnerships are on record, tiered core and minor.

• 立敏达/Readore (Acquired)coreOthers · 1 January 2026Acquired in January 2026. Core business includes server liquid cooling quick-connectors (UQD), liquid cooling manifolds, single-phase liquid cooling thermal modules, phase-change liquid cooling modules, server vapor chambers (VC and 3DVC), Busbar, server racks and other thermal management core hardware products.
• AIRS (深圳市人工智能与机器人研究院)coreTechnology or Integration · 26 September 2025'Hardware strength + algorithm empowerment' partnership focusing on embodied intelligence and robotics core technology collaboration. Four core areas: key robot technology R&D (Lingyi: chassis, dexterous hands, bionic arms,整机 hardware; AIRS: navigation, motion control software and algorithms), application scenario implementation, joint project applications, and technical standards development.
• Aoyi Technology (傲意科技)coreStrategic or Co-development Partner · 21 August 2025Strategic cooperation with one of the 'four little dragons' of dexterous hands. Full depth strategic partnership in embodied robotics including joint application scenario Demo development, industrial application cooperation (joint R&D, scenario exploration, market expansion), and component procurement and manufacturing cooperation.
• Jiutian Innovation (九天创新)coreStrategic or Co-development Partner · 16 August 2025Strategic cooperation for smart robot industrialization. Lingyi provides manufacturing capability support for Jiutian's smart robot mass production and prototype development. Jiutian becomes Lingyi's strategic partner in smart space carrier projects covering public cleaning, security monitoring, and digital cloud platforms. Joint applications for government tech projects and industry standards development.
• 银河通用coreStrategic or Co-development Partner · 13 June 2025Robot partner featured in robot ecosystem section of Lingyi website. Cooperation in humanoid robot hardware manufacturing, component supply, and application scenario development.
• 星尘智能coreStrategic or Co-development Partner · 13 June 2025Robot partner in Lingyi's robot ecosystem. Cooperation in humanoid robot hardware manufacturing, component supply, and application scenario development.
• Magic Atom (魔法原子)coreStrategic or Co-development Partner · 13 June 2025Robot partner in Lingyi's robot ecosystem. Cooperation in humanoid robot hardware manufacturing, component supply, and application scenario development.
• AgiBot/智元机器人 (Shanghai Zhiyuan Xinchuang)coreStrategic or Co-development Partner · 4 June 2025Deep strategic cooperation expanding from 2023 framework agreement and 2024 ODM cooperation.双方将通过资源互补，在机器人本体与零部件开发、具身AI大模型构建、多场景数据集建立与泛化训练等方面展开深度合作。Global strategic partners focusing on overseas market expansion. Plans include joint venture for industrial embodied robot R&D, production assembly, and iteration. Long-term plans include new materials, sensors, battery/charging tech, thermal solutions, data centers.
• AgiBot (at MWC 2026)coreStrategic or Co-development Partner · 2 March 2025Joint exhibition at Mobile World Congress Barcelona, Booth Hall 6-6A50. Deep collaboration achievements unveiled globally, showcasing embodied intelligence ecosystem reconstruction with full-stack capabilities.
• XREALcoreStrategic or Co-development Partner · 25 February 2025COO attended XREAL-Hisense Video AR/AI glasses strategic cooperation signing ceremony as representative of important strategic partner. Lingyi provides professional assembly services for AR glasses -亮亮视野 AR glasses. Collaboration with global AI eyewear head enterprises building quality control system for 'high precision + high stability' requirements.
• Beijing Humanoid Robotics Innovation Center (北京人形机器人创新中心)coreStrategic or Co-development Partner · 31 January 2025Partnership in China's first and largest AI robot pilot production base covering 9,700 sqm. Platform has trial production capacity of 500 equipment sets and annual production capacity of 5,000 embodied intelligent robots. Lingyi is one of the partners alongside other companies, with commercial deployment in tour guide scenarios projected for 2026.
• AMDcoreTechnology or Integration · 26 January 2025Lingyi became AMD's core supplier entering graphics card market, collaborating on various product series from design to manufacturing achieving global layout. Expansion into graphics card market segment.
• BrembominorStrategic or Co-development Partner · 17 January 2025Leveraging precision manufacturing and intelligent manufacturing technological advantages to comprehensively promote cooperation with global braking system leader Brembo. Exploring future automotive components collaboration.

Scale indicators18 records

Recent moves9 records

Expansion highlights8 records

Direct peers

• Lens Technology (蓝思科技): Major Chinese precision component manufacturer specializing in cover glass, touch panels, and structural components for smartphones and wearables. Direct peer serving the same global consumer electronics customers.
• Wingtech Technology (闻泰科技): Major Chinese ODM/EMS with semiconductor and precision components portfolio, serving global smartphone and IoT brands. Direct competitor in mobile and consumer electronics manufacturing.
• Luxshare Precision (立讯精密): China's largest precision connector and component manufacturer and Lingyi's most direct competitor. Both supply Apple and other global brands with precision functional components, structural components, and modules, competing head-to-head on consumer electronics ODM/EMS contracts.
• BYD Electronic (比亚迪电子): Vertically integrated EMS/ODM serving global smartphone and IoT brands with precision components, assembly, and thermal management. Comparable scale, similar customer base, and direct competition in precision components and structural parts.
• Goertek (歌尔股份): Major Chinese precision components and acoustic/VR hardware manufacturer with overlapping product portfolio in micro-electronics, sensors, and consumer electronics assembly. Direct peer in AI terminal and wearables supply chain.
• FIT Hon Teng (鸿腾精密 / Foxconn Interconnect Technology): Foxconn-affiliated precision connector and component manufacturer, with direct overlap in connector, cable, and precision component offerings to global consumer electronics, automotive, and server customers.
• Holitech Technology (合力泰): Chinese precision components manufacturer specializing in touch panels, camera modules, and display components for smartphones and automotive. Comparable mid-tier scale and direct competition in consumer electronics component supply.

Broad incumbents

• Aptiv plc: Global Tier-1 automotive technology supplier providing precision components, connectors, and advanced electronics. Lingyi's automotive and low-altitude economy business competes and partners with Aptiv-class suppliers in the EV and ADAS component space.
• Foxconn Industrial Internet (FII / 工业富联): Largest global EMS provider and major Chinese listed entity, serving the same global brands as Lingyi in precision components and assembly. Significantly larger scale, broader portfolio, and direct competition for AI server, consumer electronics, and communication hardware contracts.

Emerging players

• Sunwoda Electronic (欣旺达): Chinese power solutions and battery manufacturer with growing presence in consumer electronics power modules and chargers — directly overlapping with Lingyi's charger/power supply product line for AI terminals.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/lingyi-itech-guangdong-company

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries7 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Lingyi Intelligent Manufacturing Co.