Juron Tech's RV Reducer Sales Minimal as Robot Concept Drives Stock Surge
Juron Smart (巨轮智能) issued a stock price anomaly announcement on August 13, 2026, stating that its shares saw cumulative closing price gains exceeding 20% over two consecutive trading days (August 11 and 12). The company was listed by media as a “robot concept” stock, leading to significant trading activity.
The announcement clarified that the company's RV reducer sales for 2025 were only RMB 8.3703 million, representing approximately 1% of total revenue. This indicates that the robot-related business has a negligible impact on the company's overall financial performance, and investors should be cautious of speculative risks.
However, the company's 2025 financial results revealed deeper issues. The net loss attributable to parent shareholders was RMB 232 million, a year-on-year decline of 11.34%. Moreover, the audit report for 2025 was issued with a qualified opinion, and the internal control audit identified two non-financial material weaknesses.
Looking ahead, the company expects a net loss of RMB 50-75 million for the first half of 2026. The combination of weak core business performance and limited robot revenue suggests that the recent stock surge is driven more by market sentiment than by fundamentals.