# Kunlun Manufacturing and Yushu Technology plan joint venture for industrial embodied intelligent robots

China National Petroleum Corporation Kunlun Manufacturing Co., Ltd. and its concerted action party Kunlun Capital plan to establish a joint venture with Yushu Technology and Beijing Panjie Intelligent Technology Co., Ltd. to focus on industrial embodied intelligent robot solutions. Kunlun Manufacturing and its concerted action parties will hold 60% of the shares, while Yushu Technology and Panjie Intelligent will each hold 20%.

- Type: Partnership
- Announced: 2026-11-06
- Where: China
- Status: announced
- Products: industrial embodied intelligent robot solutions
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [China National Petroleum Corporation Kunlun Manufacturing Co., Ltd.](https://endata.com/companies/94943.md)
- [Kunlun Capital](https://endata.com/companies/15023.md) (investor)
- [Yushu Technology](https://endata.com/companies/94944.md) (partner)
- [Beijing Panjie Intelligent Technology Co., Ltd.](https://endata.com/companies/94945.md) (partner)

## Sources

- [chaincatcher.com](https://www.chaincatcher.com/en/article/2302359), 2026-11-06: "The joint venture will provide industrial embodied intelligent robot solutions for fields such as oil and gas, refining and transportation scenario inspections and emergency rescue, as well as applications in gas stations and comprehensive energy stations for charging and swapping."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.