On April 10, 2026, Nanchang Sanrui Intelligent Technology Co., Ltd. (stock code: 301696, “Sanrui Intelligence”) was successfully listed on the ChiNext Board of the Shenzhen Stock Exchange. Sanrui Intelligence issued 40.01 million shares at a price of CNY 24.68 per share, with total proceeds expected to reach approximately CNY 987.45 million. This offering will further enhance the company’s production capacity, strengthen its R&D capabilities, optimize its industrial layout, and reinforce its competitive position in the drone and robotics power system sector.
Sanrui Intelligence is a leading manufacturer of power systems for drones and robotics. Its main business focuses on the research, development, production, and sale of electric power systems for drones and robotic applications. The company has established a comprehensive product portfolio covering motors, electronic speed controllers, propellers, and integrated systems. At the same time, it is actively expanding into electric vertical take-off and landing (eVTOL) power system products.
With strong technological capabilities and stable product performance, the company’s products have been sold in more than 100 countries and regions worldwide, serving a broad base of well-known industry customers. The company’s products are critical core components for drones and robotic systems. Its products are widely used across sectors such as agricultural plant protection, industrial inspection, surveying and mapping, logistics and transportation, emergency rescue, and security monitoring. These products are supporting the transformation and upgrade of traditional industries and are contributing to the development of next-generation productive capacity. The company is also expanding into new applications such as humanoid robots, exoskeletons, and quadruped robots.
Fangda Partners acted as PRC counsel to the issuer throughout the listing process on the ChiNext Board of the Shenzhen Stock Exchange. The transaction was led by partners Aaron CHEN and Jane CHEN. Counsel WANG Yusong also contributed. Fangda’s compliance team and Singapore office also provided legal assistance. Those team members included partners Derrick ZHAO, WANG Yingying, and associate Fiona FU.