Embodied AI Firm PaXini Files for IPO Guidance in Beijing

On September 20, 2026, PaXini AI Technology (Beijing) Co., Ltd. completed its IPO guidance filing with the Beijing regulator, with Guotai Haitong as the tutoring institution. The move marks the official start of the embodied AI company's A-share listing process.

Founded in 2021 in Shenzhen and relocated its headquarters to Beijing in 2026, PaXini is a leading player in embodied intelligence and tactile sensing. It is recognized as a national-level "little giant" specializing in innovative technologies, and claims the world's No.1 shipment volume of tactile sensors. Its valuation exceeded RMB 10 billion in 2026.

According to the filing, controlling shareholder Xu Jincheng holds 37.07% of the company, and BYD is the second-largest shareholder. PaXini has raised over RMB 4 billion in total, with products spanning tactile sensors, dexterous hands, humanoid robots and data collection equipment, serving clients including BYD, JD.com, TCL, SAIC and BAIC.