- Business
- Wuxi Boton Technology Co., Ltd. (300031.SZ) manufactures and sells high-performance conveyor belts and provides industrial Internet solutions for bulk material handling; its core products include heat-resistant, impact-resistant fabric, straight warp EP, straight warp aramid, general-purpose nylon fabric, general-purpose polyester fabric, economic polyester fabric, impact-resistant triple weave fabric, fire-resistant, steel cord belts, and cover rubber products, along with intelligent transportation digital products, intelligent transportation system services, and mobile Internet services such as mobile game distribution and operation. The company serves mining, steel, cement, port, dock, and coal industries primarily in China and internationally, with operations extending to Australia, Thailand, and other regions. Founded in 2000 and headquartered in Wuxi, Jiangsu Province, China, it operates through production bases in Jiangsu and Shandong provinces and maintains subsidiaries like BCS and BBA in Australia. Recent developments include the August 2024 launch of its Global Technical Service Centre and Australian Innovation Laboratory in Perth, a strategic partnership with RubberGem for sustainable innovation, an eight-year contract renewal with Rio Tinto in May 2024, a comprehensive strategic collaboration with BHP announced in 2024-2025 featuring orders for quadruped and biped robotics developed with Unitree Technology for industrial applications and unmanned inspection routes, a 2024 investment of RMB 200 million for 37.88% stake in Shanghai Lishuan Robotics focusing on G100 chips with ongoing product optimization as of May 2025, plans for a digital conveyor belt project in Rayong, Thailand launching in Q2 2025, and advancements in ultra-wear-resistant belts, low rolling resistance belts, AI-driven monitoring systems, carbon-neutral belts, bio-based materials, and a recycling initiative targeting 50,000 tons annually within three years.