Zhejiang Fine Motion Robot Joint Technology

Zhejiang Fine Motion Robot Joint Technology Co., Ltd. operates as a specialized manufacturer of critical components for the robotics and industrial automation sectors. The company was established in May 2020 as a holding subsidiary of Zhejiang Shuanghuan Transmission Machinery Co., Ltd., a publicly-traded entity on the Shenzhen stock exchange. Its origins trace back to the Zhejiang Shuanghuan Transmission Machinery Research Institute, where the core team was first formed in 2013.

The firm's business is centered on the research, development, and production of high-precision reducers, which are essential for the movement of robotic joints. Its product portfolio includes rotate vector (RV) reducers, harmonic reducers, and other precision components. These products are integral to a variety of applications, serving clients in industrial robotics, advanced manufacturing, medical equipment, positioning devices, and machine tools. The business model involves selling its own inventory of these specialized parts directly to industry clients.

Fine Motion's flagship products, the RV reducers, are known for their high precision and substantial gear ratios, which enhance the accuracy and safety of automated systems. The company has positioned itself as a key domestic player in China, aiming to address the technological bottlenecks in the local precision reducer field. As of 2023, it held a significant 18.89% share of the domestic RV reducer market. The company has a substantial intellectual property portfolio with 84 patents, the majority of which are related to RV reducer technology.

The company has demonstrated strong financial growth and is currently in the process of an Initial Public Offering (IPO) on the Shenzhen Stock Exchange's STAR Market. This move aims to secure RMB 1.408 billion to fund the construction of a precision reducer intelligent manufacturing base and a new precision transmission R&D center. Fine Motion has attracted investments from notable backers including Hillhouse, Temasek, and the National Manufacturing Transformation and Upgrading Fund, reaching a valuation of RMB 3 billion.

Keywords: high-precision reducers, robot joints, industrial automation, rotate vector reducers, RV reducers, harmonic drives, precision components, advanced manufacturing, robotic components, motion control systems, transmission systems, gear manufacturing, Shuanghuan Driveline, medical robotics, industrial machinery, IPO, STAR market, precision manufacturing, robotics technology, machine tools, automation components, hydraulic components, gear reducers