Jinbei Automotive Hits Two Limit-Ups as Robot Assembly Revenue Reaches 500,000 Yuan
Jinbei Automotive disclosed on the evening of Nov. 10 that its robot assembly business has so far recorded operating revenue of 500,000 yuan. The figure was included in a statement addressing unusual trading activity, rather than in a standalone business update.
The company's shares rose by the daily limit on both Nov. 9 and Nov. 10, 2026. Over the same period, the Shanghai Composite Index gained 0.40% and the WIND auto-parts index rose 3.96%, a divergence the company described as significant.
Jinbei said its fundamentals have not undergone major changes and that it has no undisclosed material information requiring disclosure. It cautioned that market sentiment has become overheated and that the stock faces the risk of a decline after its short-term sharp rise.