The brief

Analyst view

• Sold 577 Kuavo robots in 2025; total revenue rose to CNY 258M, but it lost CNY 71.2M.
• Ranked fifth among humanoid makers by shipments in the first half of 2026 (Counterpoint).
• ChiNext IPO application accepted 19 May 2026, seeking CNY 2.6B.

Technical approach

As reported

Range

Small to full-size humanoids

Leju began with small education robots (Aelos, Roban) and showed its first full-size Kuavo at the end of 2023, reusing its motion-control work.

Modular

Swap hands, arms and legs

Kuavo 5 takes five-fingered hands, grippers or claws, and comes with legs or a wheeled base (5-W), so one design fits many jobs.

Software

Built on Huawei's stack

Kuavo runs Huawei's HarmonyOS and links to Huawei's Pangu AI model for voice commands and task planning.