Seizing The Embodied Intelligence Trend, Donggang Co., Ltd.'s Subsidiary Beijing Ruihong Has Reached A Cooperation With Alibaba Cloud

Recently, Donggang Co., Ltd. (002117. SZ) holding subsidiary Beijing Ruihong Embodied Intelligent Robot Technology Co., Ltd. (hereinafter referred to as "Beijing Ruihong") signed a "Framework Cooperation Agreement" with Alibaba Cloud Computing Co., Ltd. (hereinafter referred to as "Alibaba Cloud"). The two sides will give full play to their core advantages in artificial intelligence, embodied intelligence, robot research and development and cloud computing technology, cooperate around AI-related technologies and products, and carry out in-depth collaboration in the direction of joint promotion and sales of AI and robot products to jointly promote the development and implementation of intelligent applications.

According to the announcement, the cooperation will focus on four major aspects: technology and cloud resource cooperation, and the two sides will cooperate in the direction of cloud computing, computing power, AI training and large model services; According to the agreement, the two parties will jointly promote and sell Beijing Ruihong's AI and robot products in the Alibaba Cloud ecosystem and Beijing Ruihong's platform; The two sides will carry out market cooperation through joint release of solutions, industry cases and brand activities; For customer and ecological cooperation, Beijing Ruihong and Alibaba Cloud will jointly expand customers in key industries, integrate resources, exchange channels, jointly maintain customer relationships, and promote the sustainable and healthy development of the cooperation ecosystem.

Beijing Ruihong said that this cooperation marks the official opening of the in-depth collaboration between the company and Alibaba Cloud in the field of AI and robotics. In the future, the two sides will continue to uphold the principle of "complementary advantages, mutual benefit and win-win results, sincere cooperation, and common development", continuously expand technology research and development, product innovation and industry application scenarios, jointly promote the industrialization of AI and embodied intelligent technology, and inject stronger impetus into the development of intelligent industries.

According to public information, Donggang Co., Ltd. was founded in 1996, headquartered in Jinan, and listed on the Shenzhen Stock Exchange in March 2007, focusing on providing security tickets, electronic tickets and AI technology, smart (IC) cards, intelligent file storage, RFID intelligent products and other products and services for government agencies, public institutions, banks, various enterprises and other institutions.

As a wholly-owned subsidiary of Donggang Co., Ltd., Beijing Ruihong is its new direction for the future industrial competition pattern. According to the announcement, since 2023, Beijing Ruihong has begun to research and develop large models, embodied intelligent robots and applications, and has developed a series of diversified intelligent robot products, such as government robots, party building robots, government digital humans, education robots, etc., and has established cooperative relations with a number of leading domestic robot companies at the business or technical level to jointly promote technology implementation and product optimization. Some projects have been successfully implemented and have a leading edge in the industry.

In November 2024, Donggang announced that it would increase the registered capital of Beijing Ruihong from 23.3333 million yuan to 50 million yuan to strengthen its competitiveness in the field of intelligent robots. After the capital increase, the funds will be mainly used for new product research and development and market development, developing Beijing Ruihong's intelligent robot products, enhancing the market competitiveness of products, and promoting business development.

According to the third quarter report of Donggang Co., Ltd. in 2025, the company achieved a total operating income of 867 million yuan in the first three quarters, a year-on-year increase of 11.78%; net profit attributable to the parent company was 123 million yuan, a year-on-year increase of 53.48%. Among them, the operating income in the third quarter was 286 million yuan, a year-on-year increase of 45.80%; net profit attributable to the parent company was 44.6257 million yuan, a year-on-year increase of 373.51%.

Founded in 2008, Alibaba Cloud is a leading global cloud computing and artificial intelligence technology company, serving enterprises, developers, and government agencies in more than 200 countries and regions. Alibaba Cloud is committed to providing safe and reliable computing and data processing capabilities in the form of online public services, making computing and artificial intelligence inclusive technology.

Financial data show that in the first three quarters of 2025, Alibaba Cloud achieved revenue of 39.824 billion yuan, a year-on-year increase of 34%, and the growth rate reached a new high. Among them, AI-related product revenue has achieved triple-digit year-on-year growth for nine consecutive quarters.

Alibaba's latest quarterly financial report disclosed that Alibaba Cloud continued to increase its share in the government and enterprise market, financial cloud, hybrid cloud and other fields. It has reached AI cooperation with world-renowned enterprises such as China UnionPay and Bosch to promote the accelerated scale of AI.

The strong demand for the application of large models on the industrial side has also allowed large models, cloud computing and related industrial chains to maintain rapid growth for a long time to come. Alibaba CEO Wu Yongming revealed in the earnings call that the current demand from enterprise customers is very strong, and the pace of Alibaba Cloud's AI server on the shelves seriously cannot keep up with the growth rate of customer orders, and the number of backlogs in hand continues to expand, and Alibaba Cloud's future growth potential is still accelerating.