By Ben Hansel, Senior Financial Editor 247MarketNews
DENVER, Colo. (247MarketNews) — INLIF Limited (NASDAQ:INLF) is looking to expand its industrial robotics business through a new three-year supply agreement with China’s Jinjiang Hengsheng Toys, an affiliate of South Korea-listed Heng Sheng Holding Group (KOSDAQ:900270). The agreement, signed November 2 through INLIF’s operating subsidiary Ewatt Robot Equipment Co., carries a potential cooperation value of $30 million, with approximately $5 million in procurement and supply targeted every six months.
The opportunity comes as INLIF attempts to diversify beyond its traditional injection molding machine manipulator business. In its September 24 financial results, the company reported first-half fiscal 2026 revenue of $12.94 million, up 26% year over year, and net income of approximately $1.01 million versus a $1.98 million loss a year earlier.
That growth shows INLIF is not introducing an entirely unproven business line, but attempting to expand sales of equipment and automation products that have already begun contributing to revenue.
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About the Author
Ben Hansel is a financial and business writer with a background in business, sales, and finance. He graduated from the University of Texas at El Paso. His professional and educational background informs his coverage of financial markets, corporate developments, economic trends and the broader forces shaping the market.