A ceremony celebrating Ruixiang Intelligence's listing on the Beijing Stock Exchange. [Photo/WeChat account: zhxiangzhou]

Zhuhai Ruixiang Intelligent Technology debuted on the Beijing Stock Exchange (BSE), becoming Xiangzhou district's first listing of 2026 and marking China's specialized "little giant" firms and a milestone in the company's shift from niche equipment supplier to high-end intelligent manufacturing player.

Ruixiang focuses on flexible printed circuit (FPC) intelligent manufacturing equipment, a key upstream segment in electronics and new energy vehicle supply chains. After nearly 20 years, it has built a full product portfolio covering precision cutting, assembly, lamination, logistics automation, inspection, bending, and packaging, offering single-machine and complete production line solutions. It holds 198 patents, including 73 invention patents.

Ruixiang is seeking to push forward AI-enabled manufacturing by applying deep learning to visual inspection and developing digital twin-based virtual debugging and adaptive motion control. IPO proceeds are funding an intelligent manufacturing base and R&D center, while also being turned into working capital. The new infrastructure is expected to boost capacity by about 1,000 units annually, generating roughly 300 million yuan ($44 million) in revenue.

Founded by Chen Lianghua, the company originally focused on equipment maintenance and fixture work, but later transitioned toward complete machine manufacturing after being exposed to advanced Japanese practices. Clients include Dongshan Precision, Mektec, and Avary, indirectly serving Apple, Huawei, and Tesla supply chains, as well as EV leaders BYD and CATL. 

Supported by Zhuhai's ecosystem and policy environment, Ruixiang reflects the region's growing manufacturing cluster and shift toward intelligent global production.