Huayang Group (002906.SZ) Says Robot-Related Revenue Share Still Low

Gelonghui reported on September 16 that Huayang Group (002906.SZ) stated on an investor interaction platform that robot-related business currently contributes a relatively low share of revenue. The company's automotive electronics unit is exploring multiple robot component product lines, and its UWB beacon positioning product has already secured a designated project. Meanwhile, its precision die-casting business has won component product designation projects from several domestic robot companies.

UWB beacon positioning is used for indoor localization of mobile robots, while precision die-casting can supply lightweight structural components. The announcements indicate Huayang is seeking new growth drivers beyond automotive, though robot-related revenue remains a small part of its overall business. The company is a Chinese automotive electronics and precision manufacturing supplier. Its robot component efforts remain at an early stage. The company did not provide specific revenue figures or project values.