Chongqing is set to welcome the youngest founder of a listed company. The leading company in special robots plans to take control of Shengtong Energy, and its stock price has doubled.
Chongqing is about to welcome the youngest founder of a listed company.
On the evening of December 11th, after a six - day trading halt, Shengtong Energy (001331.SZ) issued several announcements disclosing that its controlling shareholder and actual controller had signed the "Share Transfer Agreement", and the change of control rights and equity changes were proposed.
The controlling shareholder and actual controller of Shengtong Energy, Wei Jisheng, etc., intend to transfer 84.6438 million shares (accounting for 29.99% of the total share capital of Shengtong Energy) they hold to Qiteng Robot Co., Ltd. (hereinafter referred to as "Qiteng Robot") and its persons acting in concert. At the same time, on the premise of the completion of the transfer of the target shares, Qiteng Robot intends to launch a partial tender offer to all shareholders of the listed company. The number of shares to be tendered for acquisition is 42.336 million shares (accounting for 15% of the total share capital of Shengtong Energy). The two acquisitions will cost about 1.686 billion yuan in total, and the acquisition price is about 13.28 yuan per share.
△ Image source: Qiteng Robot's official website
After the completion of this transaction, the controlling shareholder of Shengtong Energy will be changed to Qiteng Robot, and the actual controller will be changed to Zhu Dong.
According to a previous announcement of Shipu Testing (301228.SZ), Zhu Dong was born in 1989. He graduated from Chongqing University of Posts and Telecommunications. He started his business since his freshman year and has now built Qiteng Robot into a leading enterprise in special robots. If he successfully takes over Shengtong Energy, Zhu Dong will become the youngest founder of a listed company in Chongqing.
The registered address of Shengtong Energy is in Yantai, Shandong Province. Its main business is the procurement, transportation and sales of LNG, as well as the transportation services of crude oil and general goods. Regarding the company's future development plan, in the afternoon of December 12th, a person from the secretary's office of Shengtong Energy told a reporter from Times Weekly that the company will not divest its LNG and other businesses in the next few years. It has not been decided when to inject the robot assets. The company will develop with dual main businesses in the future and will not move to Chongqing for the time being.
The reporter from Times Weekly contacted Qiteng Robot through various means, and the other party said that it does not accept interviews for the time being.
On December 12th, Shengtong Energy resumed trading and hit the daily limit at the opening. It closed at 16.23 yuan per share, with a total market value of 4.581 billion yuan. Its stock price has doubled this year.
Started business since freshman year
If the acquisition of shares is successfully completed this time, Zhu Dong will become the youngest founder of a listed company in Chongqing. The reporter from Times Weekly sorted out and found that the current founders of local listed companies in Chongqing are all older than Zhu Dong.
Zhu Dong is from Kaizhou, Chongqing. He was admitted to the School of Software of Chongqing University of Posts and Telecommunications in 2007, majoring in software. Since entering college, Zhu Dong has been a continuous entrepreneur.
According to media reports, in his freshman year, Zhu Dong and four classmates each borrowed 10,000 yuan from their parents, pooling a total of 50,000 yuan as startup capital. They founded the "Yisong" e - commerce studio in the school dormitory, and Zhu Dong was the person in charge.
Zhu Dong said in an interview at that time: "This is all learned from practice. As students majoring in software, we often need to practice. Instead of being restricted, we might as well take action boldly. In this way, we can gain experience and make money at the same time." At that time, he thought that developing software for e - commerce should have good prospects, so he discussed with several classmates and started the business.
△ Image source: Report from Hualong Network
At first, Zhu Dong's parents were not interested in his business idea. They thought that since he had finally got into college, he wanted to be a businessman before even finishing the first semester. After Zhu Dong's repeated persuasion, his parents finally agreed and gave him 10,000 yuan, thinking that he would just try it out and learn a lesson.
Unexpectedly, Zhu Dong's studio really made a name for itself.
After contacting multiple parties and successfully developing the software, in the second semester of his freshman year, Beijing Jinchi Media acquired the studio for 250,000 yuan. After repaying the loans from their parents and covering the daily costs, each classmate made a small profit and got their first pot of gold in their entrepreneurial careers.
After the start of his sophomore year, Zhu Dong started another business. He took the lead in founding the "Lanshan" studio. After completing many projects inside and outside the school, Zhu Dong chose to leave.
Regarding this, Zhu Dong introduced at that time that he felt that the previous institutions were all developed relying on the school, and he still wanted to have his own business.
In his junior year, Zhu Dong founded Chongqing Qiteng Software Technology Co., Ltd., which is the predecessor of Qiteng Robot.
Qiteng's main business at that time was customized software development. It completed many projects, including the "Digital Network Microscopic Interactive System", the "Xindai Bao Online Lending System", "Changyin Online", and the "Enterprise Office System". It also obtained the development right of the Chongqing - level project, the "Public Travel Information Platform", with the initial project amount reaching 800,000 yuan. Qiteng was also continuously selected as a director unit of the Chongqing Software Association.
To start a business, Zhu Dong also paid a "price". He failed more than 12 courses in his three - year college study, "5 courses in the second semester of his freshman year, 1 course in his sophomore year, and 6 courses in the first semester of his junior year". However, he successfully completed the make - up exams later.
The valuation of Qiteng Robot exceeds 4 billion yuan
Zhu Dong was not limited to customized software development. In 2015, he set his sights on robots.
Qiteng started its transformation in 2015, established a robot R & D team, and began to research and develop special robots, gradually constructing a new development pattern centered on the "standardized solutions + intelligent equipment services" of inspection robots.
In 2017, Qiteng completed its Pre - A round of financing. In 2019, it officially launched the fire - fighting robots and inspection security robots into the market. At the end of 2020, the explosion - proof inspection robots for the petrochemical industry were officially launched into the market.
In 2022, Qiteng was officially renamed Qiteng Robot Co., Ltd. The company's official website shows that Qiteng Robot is a high - tech enterprise integrating the design, R & D, production, sales and service of special robots. Its headquarters is located in Chongqing. It has set up a strategic center in Beijing, a supply chain center in Shenzhen, and a high - end R & D center in Shanghai. Its production bases include the Huachao Industrial Park in Yuelai, Chongqing, and the Anyuan Electronic Information Industrial Park in Pingxiang, Jiangxi.
Qiteng Robot focuses on applications in industries such as petroleum, chemical engineering, and electricity. It has 8 core technologies, 16 advantageous functions, and 468 algorithms, forming a complete AI technology chain with hardware as the foundation, software as the engine, and algorithms as the core. The group standard, "Test Method for Dynamic Stability of Intelligent Inspection Robots", recently released by the China Mechatronics Technology Application Association, was led by Qiteng Robot.
△ Image source: Qiteng Robot's official website
The introduction materials of Qiteng Robot obtained by Times Weekly show that its four core products include explosion - proof quadruped robots, explosion - proof wheeled robots, explosion - proof rail - mounted robots, and explosion - proof tracked robots. The core application scenarios include petrochemical, chlor - alkali industries, natural gas processing, and other high - temperature, high - pressure, toxic, harmful, flammable, explosive, dangerous goods production, and storage environments. It provides product services and solutions for well - known domestic and foreign enterprises such as PetroChina, Sinopec, CNOOC, Sinochem Group, and BASF, and has developed overseas markets in Europe, Africa, Southeast Asia, and Northwest Asia.
From December 8th to 11th, Qiteng Robot participated in the 2025 Dammam Trade Week and Plastic & Chemical Industry Exhibition in Saudi Arabia. It is reported that as the core area of the global energy industry, the Middle East is currently the key area for Qiteng Robot's overseas expansion. The petrochemical enterprises in this region are concentrated, and there is an urgent demand for intelligent inspection technology.
Qiteng Robot has also won the favor of many listed companies, and its valuation exceeded 4 billion yuan in the first half of 2025.
According to Tianyancha data, the shareholder structure of Qiteng Robot involves many institutions. After equity penetration, the shareholders include many A - share listed companies such as Tunnel Engineering Co., Ltd., XCMG Construction Machinery Co., Ltd., Dazhong Saint Elephant Co., Ltd., Shipu Testing Co., Ltd., and Zhejiang Xiantong Co., Ltd.
On March 28th, Shipu Testing announced that it intended to acquire the indirect equity of Qiteng Robot (corresponding to 1.5148% equity) for no more than 63 million yuan. Through calculation, the overall valuation of Qiteng Robot at that time was about 4.16 billion yuan. However, the capital increase did not go through in the end. On the evening of November 20th, Shipu Testing announced that it had cancelled the investment in Qiteng Robot, and the plan to establish a joint - venture company with Qiteng Robot was also terminated.
On October 29th, Zhejiang Xiantong announced that Li Qifu, the vice - chairman and the second - largest shareholder, signed the "Capital Increase Agreement" and supplementary agreements with Qiteng Robot Co., Ltd., and intended to subscribe for the newly - increased registered capital of 1.9715 million yuan of Qiteng Robot with 130 million yuan. According to the agreement, within 7 months after the completion of the capital increase, Li Qifu will help Zhejiang Xiantong establish an initial production capacity of more than 1,000 explosion - proof robots per year and conduct technical worker training. Qiteng Robot promises to give priority to meeting the production capacity needs of Zhejiang Xiantong in the Yangtze River Delta region.
The operating data of Qiteng Robot has also been continuously improving.
The announcement of Shengtong Energy shows that in 2024, the total assets of Qiteng Robot reached 1.55 billion yuan, the operating income was 930 million yuan, a year - on - year increase of 50.2%; the net profit was 117 million yuan, a year - on - year increase of 35.4%.
Regarding the purpose of the tender offer for Shengtong Energy, Qiteng Robot said that it is based on the confidence in the future development of the listed company and will use its relevant operation and management experience and industrial resource advantages to help the listed company develop.
Reporter | Zhou Songqing
Editor | Huang Jiaxiang
Operator | Jiang Ziyu
Proofreader | Wang Wenjie
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This article is from the WeChat official account "Times Weekly" (ID: timeweekly), author: Zhou Songqing, reprinted by 36Kr with authorization.