Huguang Auto Robot Harness Revenue Reaches 9.61 Million Yuan in Jan-Oct

Huguang Auto (605333) said in an Oct. 27 announcement on abnormal stock trading that its robot-specific wiring harness business generated about 9.61 million yuan in revenue from January to October.

The company currently provides whole-machine assembly and contract-processing services for Shangwei New Materials' robot products. However, the patents, technology R&D and product sales rights for those products all belong to Shangwei New Materials.

The products remain in the scale-up mass production ramp and commercialization validation stage, so mass production, delivery and commercialization capabilities carry certain uncertainties. The announcement did not disclose profit figures or a customer mass-production timetable, leaving the business's future revenue contribution dependent on subsequent ramp-up and delivery progress. At roughly 9.61 million yuan, the disclosed revenue also suggests the segment is still at an early contribution stage.