Ningbo Huaxiang Electronic Co Ltd

Ningbo Huaxiang released its 2026 half-year report, posting a net profit attributable to the parent of 723 million yuan in the first half, successfully turning losses into profits, compared with a loss of 374 million yuan in the same period last year. Operating revenue was 10.25 billion yuan, down 20.4 percent year on year. Net profit attributable to the parent after deducting non-recurring items was 549 million yuan, down 8.4 percent year on year. Net operating cash flow was 779 million yuan, down 34.1 percent year on year. Earnings per share were 0.8905 yuan. In the second quarter, operating revenue was 5.08 billion yuan, down 23.2 percent year on year, and net profit attributable to the parent was 450 million yuan, compared with a loss of 630 million yuan in the same period last year. As of the end of the second quarter, total assets were 25.888 billion yuan, down 4.8 percent from the end of the previous year. Net assets attributable to the parent were 11.706 billion yuan, up 1.9 percent from the end of the previous year. The company said its business focuses on auto parts, and it has begun mass production of robot-related products. It is also actively expanding into intelligent chassis and intelligent suspension businesses, and has signed a joint venture agreement with Brembo Nanjing to develop EMB products.

The 2026 World Robot Conference will be held from August 19 to 23, 2026, alongside the World Robot Expo and the World Robot Contest. ThunderSoft said its full range of mobile robot products includes core offerings such as latent mobile robots, forklift robots, and composite and embodied robots. In January 2026, its subsidiary Hangzhou Xiaowu Intelligent Co., Ltd. signed a strategic cooperation agreement with the Beijing Humanoid Robot Innovation Center, and the two sides will carry out in-depth cooperation on the large-scale application of humanoid robots in vertical scenarios such as automobile manufacturing, warehousing and logistics, and commercial services. OGAWA said the company is accelerating its embodied intelligence business layout and exploring scenario-based application implementation of health service robots in vertical fields. Ningbo Huaxiang said its subsidiary Huaxiang Qiyuan will have a booth at the World Robot Conference to showcase its latest bipedal and quadruped robot bodies as well as lightweight joint components and skeletal parts. Bojay Electronics said that in response to the needs of humanoid robots for electronic eye observation, electronic skin tactile sensing, and microphone sound reception, it has developed testing technologies adapted to humanoid robot cameras, force sensors, and microphones.