Gongjin Shares' Embodied Robot PCBA OEM Business in Early Stage, Revenue Share Below 0.2%
Chinese electronics manufacturer Gongjin Shares (603118.SH) has announced that its contract manufacturing business for printed circuit board assemblies (PCBA) used in embodied robots is still in its infancy. In the first half of the year, revenue from this segment accounted for less than 0.2% of the company's total revenue, indicating that it remains a negligible contributor to overall performance. Embodied robots, which integrate artificial intelligence with physical bodies to interact with the environment, represent an emerging field. PCBA is a critical component in the production of such robots. The company stated that it will fulfill its information disclosure obligations in accordance with regulations if future developments related to this business arise. This disclosure underscores the early-stage nature of the company's involvement in the embodied robotics supply chain.