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At the end of last year, Qu Daokui, president of SIASUN ROBOT & Automation Co., Ltd. , said at the first world robot conference that as of last October, there were more than 430 robot related enterprises in China, with an average of two new enterprises being added every week. Some industry sources revealed to reporters that in the Pearl River Delta and other regions, there has even been a renovation of the robot industry disorderly competition. "Our robot industry is just beginning, and most of our domestic enterprises are still at the mid-to-low level, " Luo Jun, executive director and Secretary General of the International Federation of Robotics and Intelligent Equipment Industries, told 21st Century Business Herald. "without the capacity to produce core components, you can't basically live without subsidies. " That hasn't stopped the enthusiasm of the capital market, where more than 50 listed companies make up the robotics concept board, most companies are not in the robotics business. Many of these companies have chosen to buy robot companies to enter the industry. In the first half of last year, the rules on mergers and acquisitions of listed companies were amended. Previously, listed companies could only acquire companies that were related to their own business. After the amendment, mergers and acquisitions could be made without regard to business relevance. Since then, the rapid emergence of many traditional enterprises by M & A new form of enterprise behavior, the rapid rise in the temperature of the robot plate. Guangdong Oriental Seiko Technology Co. , Ltd. (hereinafter referred to as "Oriental Seiko") is a more prominent one. Since June of last year, eastern Seiko has, within half a year, has issued an announcement on taking a stake in three robotics companies, including Guangdong Jiateng Robot Automation Co. , Ltd. , Foshan Lixunda Robot System Co. , Ltd. and Kejielong Machinery Co. , Ltd. , each with a stake of 20% , three transactions, the total value of which will exceed $150 million based on the final transaction value. But within two months of the announcement, the company halted its planned acquisitions of Foshan's Lisnda robot and Cottier's machine. "after we got to know each other and had professional contact, we would rather give it up if they (Risunda and Cotelon) are not suitable for the strategic position of the company at this stage, " Dong Fang's secretary Yang Yali told the 21st Century Business Herald. An executive who has left the company told 21st century business that the company's internal development goals could not be reconciled with those of eastern Seiko, which makes industrial robotic arms, annual sales of 800 to 1,000 units, output value of about forty million, there is no core representative of the product, there is no representative in the industry, and listed companies are relatively demanding conditions, the termination of cooperation is not surprising. It's worth noting that this isn't the end of Seiko Oriental's acquisition of the robotics company. In January this year, eastern Seiko signed the "termination agreement" with Risunda on January 19, after signing the framework agreement of 20% participation in the company on November 27 last year, the incident also became the first robot concept in 2015 to buy a "miscarriage" event.

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