Huguang Shares Clarifies Robot Assembly and Contract Manufacturing Services for Shangwei New Materials
Huguang Shares (605333.SH) has clarified its involvement in the robotics sector, stating that it currently provides complete-unit assembly and contract manufacturing services for Shangwei New Materials' robot products. Revenue from these services totaled approximately 2.2 million yuan from January to October 2026. In addition, the company's robot-specific wiring harness business generated about 9.61 million yuan in revenue over the same period. Huguang emphasized that both businesses represent a very small portion of its total revenue and have no material impact on net profit. The clarification likely responds to investor interest in the company's robotics exposure. The figures suggest that while Huguang is engaged in the robotics supply chain, the related operations remain at an early stage and contribute minimally to its overall financial performance.