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QUANZHOU, China - INLIF LIMITED (Nasdaq:INLF), a manufacturer of injection molding machine manipulator arms with a market capitalization of $11 million, announced Thursday its strategic expansion into the new energy sector, focusing on automation solutions for lithium battery and energy storage production. According to InvestingPro data, the company’s stock is currently trading near its 52-week low, having declined 84.6% year-to-date.
The company has developed several new products for the sector, including a Cell Outer Blue Film Dispensing System capable of producing up to 24 parts per minute, a Module Bonding & Dispensing Equipment with high-precision dispensing accuracy, and an Automated Production Line for Energy Storage Battery Modules.
INLIF, which went public on Nasdaq in January 2025, said it is increasing its research and development investments and expanding its talent pool across engineering and supply chain functions to support this strategic shift.
"Amid evolving market trends and intensifying competition, we remain steadfast in pursuing new opportunities and revenue streams," said Rongjun Xu, Chief Executive Officer of INLIF, according to the company’s press release.
The company stated its new automation equipment is designed to improve production efficiency and product quality in battery manufacturing processes, with features including multi-axis motion control, industrial camera-based verification systems, and integrated software platforms that connect with customers’ manufacturing execution systems.
INLIF operates through its Chinese subsidiary, Ewatt Robot Equipment Co. Ltd., which was established in September 2016. The company’s core business has been the research, development, manufacturing, and sales of manipulator arms for injection molding machines.
The announcement represents what the company describes as a qualitative leap in its strategic transformation as it seeks to leverage its industrial automation expertise in the growing new energy market. While the company maintains a healthy current ratio of 2.43, indicating strong short-term liquidity, it faces challenges with negative EBITDA of -$0.63 million in the last twelve months. For comprehensive analysis and additional insights, investors can access detailed financial metrics through InvestingPro.
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