【Embodied Intelligence】ZhiYuan Robots Aim for Over 30% of Overseas Revenue This Year

The First Hong Kong Embodied Intelligence Industry Summit and 2026 Zhiyuan Cooperation Partner Conference was held in Hong Kong on Tuesday (12th). Zhiyuan Robotics Partner, Senior Vice President, and President of Marketing Services Jiang Qingsong stated that Hong Kong has three major advantages in developing embodied intelligence: (1) international talent; (2) a favorable business environment and ample capital; (3) rich application scenarios, including retail, education, and more.

Launching the “Ten Hundred Thousand Million” Strategy in Hong Kong to Target Retail

Jiang Qingsong said that Zhiyuan has initiated the “Ten Hundred Thousand Million” strategy in Hong Kong, which will collaborate with several R&D institutions to incubate more than ten industry-innovative companies, develop over a hundred joint industry partners, with the goal of creating a trillion-dollar to ten-trillion-dollar market value.

Regarding application scenarios, Jiang Qingsong said that the first focus is on emotional value, including shopping mall tours and guided shopping, for example, using robots to attract foot traffic, introduce products after customers enter, and then take customers to try on clothes. The aim is to introduce these models into Hong Kong’s retail sector, which faces a relative shortage of labor. They also plan to enter large-scale robot events in Hong Kong to attract tourism with特色引流. Secondly, they aim to provide “productivity value” by promoting robots into factory production processes.

Focusing on “One Country, One Policy” — Commercial Deployment Turning Point in 2026

Zhiyuan repeatedly emphasizes its international market layout. Jiang Qingsong said that the group hopes to base itself in Hong Kong and quickly expand globally. It has already established teams in Japan, Korea, Europe, America, Asia-Pacific, and the Middle East. He stressed that overseas development will focus heavily on “co-creation” and partnerships, as different countries have varying demands for embodied intelligence. For example, some regions want rapid involvement in component and manufacturing sectors. Therefore, the group adopts a “one country, one policy” approach, with the goal of increasing overseas sales to over 30% this year.

Jiang Qingsong proposed that industry development follows an “XYZ curve”: X represents the development and R&D stage, where robots demonstrate initial capabilities but sales scenarios are limited; Y represents small-scale deployment, capable of satisfying some commercial scenarios with further capability improvements. He expects 2026 to be a critical year for industry transition from the X curve to the Y curve.

Industry Competition Focuses on AI — Hardware Thresholds Will Continue to Lower

On the technical level, he explained that the robot architecture is “one body, three intelligences,” meaning one hardware core plus three types of intelligence. Among these, “motion intelligence” has developed rapidly over the past year, with robots now capable of performing high-difficulty movements; “interaction intelligence” allows robots to understand commands and will evolve into proactive intelligence; “physical intelligence” refers to the ability of artificial intelligence to move from online to offline.

He emphasized that Zhiyuan is fundamentally an AI company, investing heavily in model development. The maturity of these models determines the commercial viability of robots. Future competition will mainly focus on data acquisition, model training, and continuous iteration, enabling robots to become smarter gradually.

He added that hardware is just the foundation; with sufficient hardware, more data can be generated for iteration. As the industry develops, hardware thresholds will become increasingly lower, making robot manufacturing less difficult. The real challenge lies in “operational intelligence,” enabling robots to truly work in factories. It is expected that in the coming years, operational intelligence will see rapid growth, progressing from simple material handling to complex flexible material operations.

Promoting RaaS Subscription Model — Subsidiaries Actively Raising Funds

In terms of business models, Zhiyuan is actively promoting “RaaS (Robotics as a Service).” Jiang Qingsong described RaaS as akin to “hiring workers,” where customers only need to sign monthly contracts and pay fees, significantly reducing the high costs of one-time large-scale robot purchases and dedicated maintenance teams.

Looking ahead at industry trends, Jiang Qingsong predicted that upstream component and midstream complete machine sectors will move toward leading players, similar to traditional industries; however, downstream applications will be diverse and vibrant. Regarding the market’s focus on the parent company’s IPO plans, he did not give a direct response but revealed that several subsidiaries are actively raising funds. Among them, the platform “Qingtian Rental,” which offers RaaS services, has completed four rounds of financing. Data-focused “Mifeng” and the component R&D company “Lingji” are also actively raising funds.

Zhiyuan Robotics Founder, Chairman, and CEO Deng Taihua stated that by the end of March, they had deployed 10k robots, with a target of mass production reaching tens of thousands by 2026. This year marks the deployment of embodied intelligence as a foundational year.