On September 29, 2026, China Rare Earth Group Innovation and Technology Ltd. (shortened as: 中稀科创) and BEMO Power Ltd. (shortened as: BEMO Technology Ltd.) formally signed a strategic cooperation agreement, in which the two sides will engage in full-scale deep cooperation around technology development, industrial collaboration, capital linkage, talent pooling, supporting the industrial deployment of high-performance rare earth magnetic materials in robotic power modules, and improving the construction of domestic manufactured robotic tourism industry chains.
RareCore is a specialized platform for China's rare earth group to develop new materials high-end applications and industrial fund operations management, focusing on high-end new materials and equipment industrial consolidation, investments and purchases, fund operations, business layout covering rare earth metals refining, rare earth magnetic ring applications, rare earth desulfurization materials, smart manufacturing, low-space economy, etc. It has participated in a large number of major national projects, its high-end rare earth functionality testing platform is the first of its kind in the development of the Ministry of Industrial Development and testing platform in Guangdong Province.
Under the agreement, the two sides will establish a mechanism for the exchange of normalization technologies and jointly conduct research and development of high-performance magnetic materials such as lithium-ion batteries, poly-magnetic rings, radiation magnetic rings, in combination with the demand for rare earth upstream resources and direct-drive module applications, develop high-performance magnetic material products adapted to direct-drive motors.
At the industrial chain level, the two sides are working together to unlock domestic industrial chains from rare earth new materials to robotic power modules, achieving upstream and downstream value co-creation. At the same time, they are actively exploring models of product integration such as equity investments, industrial funds, empowering magnetic materials and direct drive motor quality projects, and promoting the joint cultivation and technological transformation of professional talent in the field.
The two sides said that this collaboration is based on the empowerment of their respective industries, promoting the deep integration of new rare earth materials with robotic terminal applications, complementing the innovation chains of collaboration between critical materials and core components, and jointly promoting the autonomous and high-quality development of key links in our robotic industry.
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