Recent events
Recent events tied to this brand in public sources.
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2026
Estun to acquire Nanjing Estun Cubot via wholly-owned subsidiary for RMB 487 million
Estun announced that its wholly-owned subsidiary plans to pay RMB 487 million in cash to acquire 100% of Nanjing Estun Cubot Technology Co., Ltd. The controlling shareholder Nanjing Paileisite Technology holds 39.07% of Estun Cubot, making the transaction a related-party deal; Estun Cubot has been loss-making since inception and the acquisition premium exceeds 900%.
2020
Estun releases 2020 interim results
Estun reported its 2020 first-half results, including revenue of 1.173 billion yuan and net profit attributable to shareholders of 61.64 million yuan.
2020
Estun and Hongya CNC sign strategic cooperation agreement
Estun and Hongya CNC signed a strategic cooperation agreement to jointly develop and promote automation products and services, including motion control, servos and robots, in the intelligent furniture machinery industry.
2020
Estun signs strategic cooperation agreements with three investors
Estun signed strategic cooperation agreements with the National Manufacturing Transformation and Upgrading Fund, China General Technology Group, and Hubei Xiaomi Yangtze River Industrial Fund. The source describes the cooperation as bringing technology and market resources to Estun.