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New Sword Transmission Responds to Inquiry, Plans to Raise RMB 2.5 Billion to Expand Screw Production
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Hangzhou Xinjian Electromechanical Transmission Co., Ltd. responded on October 12, 2026 to the Shenzhen Stock Exchange's first round of inquiries and continues to advance its IPO. Its prospectus shows 2025 revenue of RMB 383 million and net profit attributable to shareholders of RMB 62 million; the total investment in the fundraising projects is RMB 2.812 billion, of which RMB 2.519 billion is intended for an industrialization project with annual production of 1 million units of planetary roller screws for humanoid robots and automobiles. The expansion plan contrasts with existing capacity: New Sword Transmission's current screw capacity is 1.5 million units per year, its 2025 capacity utilization rate was only 72.7%, and it had about RMB 91.33 million in cash on its books. The company said that if capacity absorption falls short of expectations, it could cause gross margin to come under significant pressure.
Report timeline
- Xinjian Transmission responds to SZSE first-round inquiry, plans to raise 2.519 billion yuan for 1 million-unit screw capacity
Hangzhou Xinjian Electromechanical Transmission Co., Ltd. responded to the Shenzhen Stock Exchange's first-round inquiry on October 12, 2026, as it pushes toward an IPO. Its prospectus shows 2025 revenue of 383 million yuan and net profit attributable to shareholders of 62 million yuan. The fundraising projects have a total investment of 2.812 billion yuan, of which 2.519 billion yuan is planned for an industrialization project with annual capacity of 1 million planetary roller screws for humanoid robots and automobiles.
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