{"id":"e591f781-27f8-435c-85cc-f1082fb248f1","slug":"borunte-governance-scandal-2026","kind":"other","headline":"Borunte Robot founder Yin Rongzao sued for 7M yuan unauthorized bonuses after demanding 2M yuan/month salary","summary":"Borunte Robot founder and former controller Yin Rongzao demanded 2M yuan/month salary and 10 years of net profits as personal bonus. Shareholders led by Li Bozheng removed him. Company sued Yin in June 2026 for 7M yuan in unauthorized bonuses. Company has accumulated 230M+ yuan in losses (2022-Jun 2025) and was delisted from China New Third Board in April 2023.","occurredAt":"2026-06-01T00:00:00.000Z","reviewStatus":"reviewed","modelId":null,"deploymentId":null,"companyId":"343616a5-6575-4034-908f-1c97efd8d542","dataCenterId":null,"aliases":[],"collisionRisk":"none","reviewNote":null,"severity":"serious","rootCauseCategory":null,"rootCauseDetail":null,"affectedUnitsCount":null,"affectedUnitsBasis":null,"remediationStatus":null,"regulatoryAction":"other","regulatoryBody":"none","propertyDamageEstimateUsd":null,"damageEstimateBasis":null,"bodilyInjurySeverity":null,"fatalityCount":null,"lossCostClass":null,"sourceQualityTier":null,"oshaRecordable":null,"oshaCaseNumber":null,"rootCauseDisclosed":null,"publicDisclosureDate":null,"insuranceClaimPublic":null,"formFactor":null,"latitude":null,"longitude":null,"autonomyClass":null,"legalOutcomeClass":"unknown","createdAt":"2026-08-21T18:32:17.335Z","updatedAt":"2026-08-23T15:14:15.796Z","model":null,"deployment":null,"company":{"id":"343616a5-6575-4034-908f-1c97efd8d542","name":"Borunte Robot","slug":"borunte","description":"Borunte Robot Co., Ltd. is a Dongguan, China-based industrial robot manufacturer founded in 2008. The company develops and manufactures multi-axis industrial robots, collaborative robots, and IMM (injection molding machine) manipulators for applications including welding, spraying, assembly, stamping, palletizing, and material handling. With over 60 robot types and 400+ patents, Borunte serves plastics processing, metal processing, electronics, and packaging industries. Formerly listed on China's New Third Board (stock code 430394), delisted April 2023.","status":"private","founded":2008,"hq":"Dongguan, Guangdong, China","hqLat":23.0183568,"hqLng":113.7452332,"hqGeocodedAt":"2026-08-05T14:22:47.924Z","hqAddress":null,"hqPrecision":null,"website":"borunterobot.com","fundingTotal":null,"type":"hardware","roles":["robot_maker","robot_operator"],"reviewStatus":"reviewed","lifecycleState":"active","supersededByCompanyId":null,"sources":[{"url":"https://www.borunte.com","title":"borunte official website","sourceName":"borunte"},{"url":"https://eu.36kr.com/en/p/3421050359486857","title":"Well-known Robotics Company Exposed to Internal Strife","sourceName":"36Kr","publishedAt":"2025-08-13"},{"url":"https://baike.baidu.com/en/item/BORUNTE%20ROBOT%20CO.%2C%20LTD./53022","title":"BORUNTE ROBOT CO., LTD. - Baidu Baike","sourceName":"Baidu Baike"},{"url":"https://robodk.com/blog/borunte-flexible-industrial-robot-modern-manufacturing/","title":"BORUNTE: Flexible Industrial Robots for Modern Manufacturing","sourceName":"RoboDK","publishedAt":"2026-03-15"},{"url":"https://www.crunchbase.com/organization/borunte-robot","title":"Borunte Robot - Crunchbase Company Profile","sourceName":"Crunchbase"},{"url":"https://www.borunte.net/about-us","title":"About Us - Borunte Robot","sourceName":"Borunte Official Website"}],"keyFacts":[{"label":"CEO","value":"Li Bozheng (Chairman & Legal Representative)"},{"label":"Founder","value":"Yin Rongzao (former chairman/GM, dismissed 2025)"},{"label":"Headquarters","value":"Dalang, Dongguan, Guangdong, China"},{"label":"Registered Capital","value":"225 million RMB"},{"label":"Stock Code","value":"430394 (New Third Board, delisted April 2023)"},{"label":"Patents","value":"400+ accumulated patents"},{"label":"Product Types","value":"60+ robot and manipulator types"},{"label":"Key Incident","value":"Former chairman Yin Rongzao demanded 2M yuan/month salary amid 200M+ yuan losses; dismissed and sued by company for 7M yuan in unauthorized bonuses (June 2026)"},{"label":"Financial State","value":"Cumulative net loss of 230M+ yuan (2022-Jun 2025); 125M yuan loss in 2023 alone"},{"label":"Subsidiary","value":"Shenzhen Huacheng Industrial Control Co., Ltd."},{"label":"Recognition","value":"National Specialized/Refined/Innovative 'Little Giant' Enterprise; Guangdong Province Robot Backbone Enterprise"}],"aliases":["Borunte","Borunte Robot"],"collisionRisk":"low","reviewNote":"Founded 2008. Industrial robots and injection-molding manipulators. Was NEEQ-listed; delisted Apr 2023, now private.","atsProvider":null,"atsSlug":null,"factoryLocations":null,"manufacturingCapacity":null,"orgType":"private","burnSignal":null,"litigationEvents":null,"insurancePostureDisclosed":null,"unitEconomicsDisclosed":null,"tickerSymbol":"430394","stockExchange":"New Third Board (delisted Apr 2023)","secCik":null,"revenueUsd":null,"revenueBasis":null,"revenueAsOf":null,"employeeCount":null,"employeeCountBasis":null,"employeeCountAsOf":null,"marketCapUsd":null,"marketCapAsOf":null,"marketCapSource":null,"createdAt":"2026-06-27T15:37:03.899Z","updatedAt":"2026-08-21T22:29:36.455Z"},"derived":{"status":"active"},"sources":[],"responses":[],"statusEvents":[],"jsonLd":{"@context":"https://schema.org","@type":"NewsArticle","@id":"https://registry.deploy.report/incidents/borunte-governance-scandal-2026","url":"https://registry.deploy.report/incidents/borunte-governance-scandal-2026","headline":"Borunte Robot founder Yin Rongzao sued for 7M yuan unauthorized bonuses after demanding 2M yuan/month salary","description":"Borunte Robot founder and former controller Yin Rongzao demanded 2M yuan/month salary and 10 years of net profits as personal bonus. Shareholders led by Li Bozheng removed him. Company sued Yin in June 2026 for 7M yuan in unauthorized bonuses. Company has accumulated 230M+ yuan in losses (2022-Jun 2025) and was delisted from China New Third Board in April 2023.","identifier":"e591f781-27f8-435c-85cc-f1082fb248f1","datePublished":"2026-06-01T00:00:00.000Z","articleSection":"other","publisher":{"@id":"https://deploy.report/#organization"},"author":{"@id":"https://deploy.report/#organization"}},"framework_metadata":{"framework_schema_version":"0.1.0","verification_status":"claimed-not-verified","maturity_stage":null,"lifecycle_state":null,"architectural_position":{"cohort":null,"sub_cohorts":[]},"within_cohort_verified_vs_claimed_pair":null,"cap_flags":[],"verification_depth":{"sources_count":0,"primary_source_types":[]}}}