Swancor Advanced Materials
About
About Swancor Advanced Materials
Swancor’s EzCiclo thermoset resin is designed to retain the mechanical and heat-performance properties required by structural composites while allowing the material to enter a recovery process after use. When combined with the CleaVER process, composite components can be separated into recoverable fibres and resin-derived material instead of being treated solely as end-of-life waste.
The company manufactures across mainland China, Taiwan and Malaysia and supplies materials for corrosion-resistant equipment, transport structures and wind-turbine blades. A 2026 project used EzCiclo resin and structural adhesive in a 110-metre blade, illustrating that its circular-material work has moved beyond laboratory samples into full-scale industrial structures.
Financials
- 688585.SS - SSE STAR Market - CNY
Team
- Tian Hua - Chief Executive Officer - Current chief executive
Timeline
Events
- 2026-09-20 - Product Launch - PrimeBOT launches Q1 and T1 for sale
Q1 and T1 start at RMB 19,999; Explorer editions cost RMB 26,999 and T1 Pro costs RMB 29,999. Initial deliveries were scheduled to begin on October 1, with computing and software features varying by edition.
Source - 2026-08-23 - Product Launch - Swancor opens public pre-orders for Qiyuan Q1 and T1 robots
Orders opened through the official mini-program and stores on Tmall, Douyin and Bilibili, alongside offline activities. Q1 is marketed as a humanoid robot, while T1 is a transformable personal-robot platform. The public sales step follows Swancor’s earlier production arrangements for the Qiyuan robot line; the September delivery date remains a target.
Source - 2026-08-14 - Market Signal - Swancor reports RMB210m robotics prepayments and RMB163.9m R&D spend
The robotics R&D programme employed 180 people at period end, including 11 doctorate holders and 110 employees with master’s degrees. Swancor had introduced the Qiyuan Q1 and T1 consumer robots and was building sales and service coverage through experience stores in seven Chinese cities. The business remained in R&D and application validation at 30 June and had not yet generated revenue or profit.
Source - 2026-07-26 - Facility Opening - Qiyuan Xinchuan establishes Pudong embodied-AI headquarters
The Pudong base is intended to combine model research, product design, full-scene testing, assembly and ecosystem development. Qiyuan stated a target of releasing at least two consumer robots annually. The two-products-per-year cadence is a stated future target.
Source - 2026-07-19 - Partnership - Qiyuan Robot and Shangpin Home Collection launch Robot-Ready Home cooperation
The partners will design homes around robot navigation, perception, task execution, charging, device coordination and safe human interaction. Shangpin plans 400-square-metre and 800-square-metre Guangzhou experience spaces, while the cooperation also targets standardized home-training datasets.
Source - 2026-07-10 - Product Launch - Qiyuan Robot announces the T1 transformable personal robot
Swancor’s wholly owned robotics layer announced T1, a transformable wheel-legged humanoid/quadruped personal robot. The announcement establishes a named current robot under the group’s robotics layer.
Source - 2025-11-07 - Org Change - AgiBot-associated holding platform completes control change at Swancor Advanced Materials
The Shanghai Stock Exchange filing records the completed control change. The event is a governance change and does not assign Peng Zhihui an unsupported executive role at Swancor.
Source
Relations
Relationships
- Qiyuan Xinchuan (Shanghai) Technology Co., Ltd.
Wholly Owned Robotics Subsidiary - Swancor Advanced Materials wholly owns Qiyuan Xinchuan (Shanghai) Technology Co., Ltd., its current robotics operating layer.