Efort

Efort Intelligent Equipment Co., Ltd. is a publicly-traded technology company focused on the industrial robotics sector. It was originally founded as Wuhu Chery Equipment Co., Ltd. on August 2, 2007, as a subsidiary of Chery Automobile. The company's creation was reportedly spurred by the high costs associated with repairing foreign-made industrial robots, which motivated Chery to develop its own robotics capabilities. The company was renamed安徽埃夫特智能装备有限公司 (Anhui Efort Intelligent Equipment Co., Ltd.) in 2012 and became a joint-stock company in 2016. A significant milestone was reached on July 15, 2020, when Efort was listed on the Shanghai Stock Exchange's STAR Market. The current chairman is You Wei.

Efort operates on a dual-strategy of internal research and development alongside overseas mergers and acquisitions. This approach has led to the formation of a comprehensive industrial chain, covering everything from core robot components to complete robot units and high-end system integration. Key acquisitions include Italian companies such as painting robot specialist CMA, metal processing integrator EVOLUT, motion control firm ROBOX, and automotive equipment integrator W.F.C. Group. These acquisitions have integrated advanced international technology and experience into Efort's operations. The company provides a full range of industrial robot products and cross-industry intelligent manufacturing solutions. Its offerings include robots for spraying, welding, palletizing, handling, and polishing, which are utilized in diverse sectors like automotive manufacturing, consumer electronics, photovoltaics, home appliances, and food and beverage. Efort provides turnkey solutions, especially in automotive welding, automated conveying, and painting process equipment.

The company's business model focuses on providing these comprehensive robotics and automation solutions to a global client base, with products exported to Europe, Asia, Africa, and Oceania. Revenue is generated from the research, development, production, and sales of its industrial robots, core components, and integrated systems. Efort has established numerous subsidiaries and R&D centers globally, including in Italy, to enhance its service and competitiveness. The company has led several national science and technology projects and has been instrumental in setting national standards for the robotics industry in China.

Keywords: industrial robots, intelligent manufacturing, automation solutions, robotic system integration, core robot components, automotive automation, painting robots, welding robots, palletizing robots, material handling, motion control, turnkey solutions, manufacturing automation, automotive equipment, system integrator, Chinese robotics, smart factory, production line automation, surface treatment, robotic polishing