CNPC Kunlun and Unitree Propose JV for Industrial Embodied AI Robots

1. 22:09
   Chinese robotics — Company news discoverySignal

   CNPC-affiliated entities hold 60% stake in new joint venture with Unitree and Beijing Fanjie for oil and gas embodied AI robots

   Beijing market regulator recently published a notice on a proposed joint venture between China Petroleum Group Kunlun Manufacturing Co., Ltd. (with Kunlun Capital as a consistent actor) and Unitree Technology and Beijing Fanjie Intelligent Technology Co., Ltd. The new entity will focus on industrial embodied intelligent robot solutions, with Kunlun-affiliated parties holding 60% equity. The arrangement aims to integrate hardware, AI models, and site acceptance standards within one corporate structure to develop replicable products for oil and gas operations.

1. 08:06
   IT Home — RoboticsSignal

   Siasun Technology, Panjie Intelligent, and CNPC Kunlun Manufacturing Plan to Establish Joint Venture for Industrial Embodied AI Robot Solutions

   Public records from Beijing's Market Supervision Administration indicate that CNPC Kunlun Manufacturing, along with its affiliate Kunlun Capital, plans to form a joint venture with Siasun Technology and Panjie Intelligent. The proposed entity will focus on industrial embodied AI robot solutions. Following the transaction, Kunlun Manufacturing would hold 60% of shares, while Siasun and Panjie would each hold 20%. CNPC previously invested in Siasun's STAR Market IPO and has a strategic cooperation memorandum focused on robotics applications in oil and gas scenarios.

2. 06:57
   Robotics — Chinese web discoverySignal

   Unitree, CNPC plan joint venture for industrial embodied intelligence

   According to recent public notices from the Beijing Administration for Market Regulation, Kunlun Manufacturing (a subsidiary of China National Petroleum Corporation) and its affiliate Kunlun Capital intend to establish a new joint venture with Unitree Robotics and Panjie Intelligence. The new entity will focus on industrial embodied AI robot solutions, specifically targeting oil and gas inspection, emergency response, and energy station applications. Following the transaction, Kunlun Manufacturing and affiliates will hold 60% of the shares, while Unitree and Panjie will each hold 20%. This partnership marks a shift from capital linkage to operational collaboration, combining the energy sector's scenarios with robotics hardware and AI models.

3. 03:58
   Industrial robotics — News discoverySignal

   Unitree inks PetroChina robot venture after Pentagon military label

   Unitree Technology has agreed to establish a robotics joint venture with Kunlun Manufacturing, a subsidiary of China National Petroleum Corporation (CNPC), and Beijing Fanjie Intelligent Technology. The new entity will be owned 60% by CNPC's Kunlun Manufacturing and Kunlun Capital, with Unitree and Beijing Fanjie each holding 20%. The venture aims to produce industrial robots with built-in AI for operations in flammable and toxic environments such as oil and gas sites, refineries, and emergency response scenarios. This agreement follows the U.S. Pentagon's addition of Unitree to its military-related entities list and FCC restrictions on foreign-built advanced robots.

4. 00:35
   Chinese robotics — Company news discoverySignal

   CNPC Partners with Unitree. Robots to Take Over Oil Extraction Inspection, Will Hard Labor Be Replaced?

   On November 4, CNPC subsidiaries Kunlun Manufacturing and Kunlun Capital announced plans to establish a joint venture with Unitree Robotics and Beijing Fanjie Intelligence to develop industrial embodied AI robot solutions.

5. 00:31
   Robotics — Chinese web discoverySignal

   CNPC partners with Unitree to form joint venture for industrial embodied intelligence

   On November 4, 2026, the Beijing Administration for Market Regulation announced a simplified concentration of business case involving China National Petroleum Corporation (CNPC) and Unitree Technology.

1. 13:56
   Chinese robotics — Company news discovery

   Sinopec subsidiary and Unitree form joint venture for industrial embodied AI robots

   Beijing authorities announced a proposed joint venture between Sinopec Kunlun Manufacturing, Unitree Technology, and Panjie Intelligence to develop industrial embodied AI robot solutions. The new entity will hold 60% stake by Kunlun Manufacturing with 20% each from Unitree and Panjie, pending antitrust review and registration completion.

2. 00:48
   Chinese robotics — Company news discoverySignal

   CNPC partners with Unitree to establish joint venture for industrial embodied AI

   On November 4, 2026, the Beijing Administration for Market Regulation announced that a subsidiary of China National Petroleum Corporation (CNPC), specifically Kunlun Manufacturing and its affiliate Kunlun Capital, will form a new joint venture with Unitree Robotics and Beijing Fanjie Intelligence.

1. 18:04
   Chinese robotics — Company news discoverySignal

   CNPC and Unitree partner to establish industrial embodied AI robot company

   China National Petroleum Corporation (CNPC) subsidiary Kunlun Manufacturing and Unitree Robotics are forming a new joint venture focused on industrial embodied AI robot solutions. The Beijing Administration for Market Regulation filed the case on November 4, 2026, with a public review period until November 13, 2026. Kunlun Manufacturing and its affiliate Kunlun Capital will hold 60% of the new entity, while Unitree Robotics and Beijing Fanjie Intelligent Technology each hold 20%. The venture aims to leverage Unitree's robotics expertise with CNPC's industrial operations in energy equipment manufacturing.

2. 16:00
   Chinese robotics — Company news discoverySignal

   CNPC Kunlun Manufacturing and Unitree Robotics Propose Joint Venture for Industrial Embodied AI Robots

   Beijing's market supervision authority disclosed on November 4, 2026, that CNPC Kunlun Manufacturing, along with its affiliate Kunlun Capital, Unitree Robotics, and Beijing Panjie Intelligence, plan to establish a joint venture. The new entity will focus on industrial embodied AI robot solutions. Post-transaction, Kunlun Manufacturing and affiliates will hold 60% equity, while Unitree Robotics and Panjie Intelligence will each hold 20%. Kunlun Manufacturing was established in October 2023 in Xiong'an, Hebei, with CNPC as its ultimate controller.

Current attention 10·Peak within the comparable range 28（2026-11-06 09:00 UTC）·Change within the comparable range over 24 hours -30%

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