{
  "rows": [
    {
      "company": "Swancor Advanced Materials",
      "hq_country": "China",
      "website": "https://en.swancor.com.cn/",
      "status": "active",
      "what_it_builds": "Shanghai-listed materials company developing its own PrimeBOT (Qiyuan) consumer robots: the compact Q1 humanoid and T1, which transforms between wheeled humanoid and quadruped forms. They target personal and family companionship, learning, developer experimentation and mobile photography.",
      "what_it_builds_source": "https://static.cninfo.com.cn/finalpage/2026-08-15/1225475850.PDF",
      "founded_year": "2000",
      "founded_source": "https://pdf.dfcfw.com/pdf/H2_AN202009221416166665_1.pdf",
      "funding_usd": "67904035",
      "funding_basis": "public company",
      "funding_source": "https://pdf.dfcfw.com/pdf/H2_AN202109151516401643_1.pdf?1631742899000.pdf=",
      "funding_note": "Verified cash total: 2001-05-29 founder capital USD1.02m; 2020-09-17 IPO gross RMB107.568m /6.7986 per USD (2020-09-23 disclosure-date FX): https://pdf.dfcfw.com/pdf/H2_AN202009221416166665_1.pdf. 2016-03-31 pre-IPO: Goldwind RMB300m + employee platforms RMB29.9215m /6.4612 per USD (agreement-date FX): https://pdf.dfcfw.com/pdf/H2_AN202109151516401643_1.pdf?1631742899000.pdf=. FX sources: Reuters and MoneyDJ below. Excludes 2015 RMB175.517794m in-kind group restructuring, 2017 net-asset conversion, earlier changes to USD5.28m registered capital without verified cash-round details, 2021 proposed RMB510m convertible debt, employee awards and secondary takeovers; no later cash placement located. Valuation: 2026-11-03 market cap RMB62.89bn /6.715 per USD (SAFE): https://cn.investing.com/equities/swancor-advanced-materials.",
      "latest_funding_date": "2020-09-17",
      "valuation_usd": "9365599404",
      "latest_model": "PrimeBOT T1 / T1 Pro (Q1 Explorer edition announced alongside)",
      "latest_model_year": "2026",
      "latest_model_source": "https://www.chnfund.com/article/ARaf4b62e5-fd8b-295b-c756-3a23d0edbec6",
      "units_shipped": null,
      "units_shipped_source": "https://finance.sina.com.cn/jjxw/2026-10-01/doc-inittvfv5083565.shtml",
      "units_shipped_note": "No published cumulative or period delivery/sales/shipment count found. First customer deliveries began on 2026-10-01. The 5,000th personal robot milestone on 2026-10-25 is production, not cumulative shipments, and is excluded (https://finance.eastmoney.com/a/202610253907338857.html); delivery of the numbered T1 to a representative customer does not establish 5,000 deliveries.",
      "as_of": "2026-11-03"
    }
  ],
  "sources": [
    "https://en.swancor.com.cn/",
    "https://static.cninfo.com.cn/finalpage/2026-08-15/1225475850.PDF",
    "https://pdf.dfcfw.com/pdf/H2_AN202009221416166665_1.pdf",
    "https://pdf.dfcfw.com/pdf/H2_AN202109151516401643_1.pdf?1631742899000.pdf=",
    "https://pdf.dfcfw.com/pdf/H2_AN202007011388686898_1.pdf",
    "https://www.moneydj.com/kmdj/news/newsviewer.aspx?a=%7B318fb7b7-51a4-4bb6-a3ec-a9351c546f4c%7D",
    "https://www.brecorder.com/news/40020717",
    "https://www.chnfund.com/article/ARaf4b62e5-fd8b-295b-c756-3a23d0edbec6",
    "https://finance.sina.com.cn/jjxw/2026-10-01/doc-inittvfv5083565.shtml",
    "https://finance.eastmoney.com/a/202610253907338857.html",
    "https://cn.investing.com/equities/swancor-advanced-materials",
    "https://www.safe.gov.cn/AppStructured/hlw/RMBQuery.do"
  ]
}