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MechaMander founder Shao Tianlan questions the authenticity of the revenue of some embodied intelligence companies

2026-09-10 15:25:01

The founder and CEO of the Hong Kong-listed company Mech-Mind, Shao Tianlan, posted on social media, questioning some embodied intelligence companies that create false and unsustainable revenue through data collection centers and related transactions with local governments, investors, and suppliers to promote their listings. Mech-Mind mainly provides products such as robotic 3D vision and AI software, applied in industrial manufacturing, logistics, and other scenarios. He referred to these companies as "gathering-type" embodied intelligence companies, mentioning that they include some well-known and highly valued companies from Beijing and Shanghai that have appeared on the Spring Festival Gala, and criticized this practice as illegal, unethical, and unwise.

Shao Tianlan stated that generating revenue in this way could harm investors and place an increasingly heavy growth burden on the companies. After achieving such revenue this year, they would need to continue to do so next year and do even more, potentially falling into a vortex of continuous fraud and bleeding. He specifically named Galaxy Universal in the comments section and inquired whether there was support from Beijing city leaders for the company's listing.

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