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From nearly 1000000000 orders to wage arrears and work stoppage: Nanjing embodied-intelligence company Wujing Dynamics CEO says it cannot reach its actual controller

Beating News,AI reports that Nanjing embodied-intelligence company Wujing Dynamics, only established 8 months ago, has been reported to be embroiled in wage arrears and work stoppages.

This year June, official Nanjing media were still promoting this star company: only 4 months after its establishment, it signed framework orders worth nearly 500000000 yuan with multiple central SOEs, with another nearly 500000000 yuan in local-market order reserves, and 110000000 yuan in financing secured. The company primarily develops industrial-grade quadruped robots for applications including power inspection and energy and mining operations.July, the Jiangning District government also showcased its robots' ability to identify instrument anomalies and operate switches, with delivery expected October.

However, only 1 months later, the company began falling behind on wages. Employees told the National Business Daily that August saw wages cease to be paid,September saw housing provident-fund contributions cease,October saw social-insurance contributions cease, involving 40 people, with total unpaid wages approaching 8000000 yuan. The company has now ceased operations, and even the head of the R&D department has filed for labor arbitration.October 22, reporters reached CEO Yuan Haihui, who said he could not contact actual controller Cui Xiaofei and was not in a position to comment.

Original link https://m.theblockbeats.info/flash/373688