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Zhejiang Changsheng Sliding Bearings Co Ltd Class A

Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells lubricated bearings and polymers in China and internationally. Its offerings include self-lubricating bearings, low-friction pair components, modified engineering plastics, and fluoroplastic products. These products are used in the automobile, construction machinery, artificial intelligence, clean energy, and mechanical engineering industries. Founded in 1995, the company is headquartered in Jiashan, China.

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China
300718.CS

Changsheng Bearing's 2026 interim net profit reaches 128 million yuan

Changsheng Bearing released its 2026 interim report. During the reporting period, the company achieved total operating revenue of 755 million yuan, net profit attributable to the parent of 128 million yuan, and net operating cash inflow of 99.52 million yuan. The company's latest asset-liability ratio is 15.82 percent, up 3.23 percentage points from the previous quarter. Gross margin is 33.03 percent, down 0.87 percentage points from the previous quarter and down 1.51 percentage points from the same period last year. Return on equity is 7.12 percent, down 0.46 percentage points from the same period last year. Diluted earnings per share is 0.43 yuan, total asset turnover is 0.34 times, and inventory turnover is 2.10 times. The company has 56,000 shareholders. The top ten shareholders hold 178 million shares, accounting for 59.67 percent of total share capital.
300718.CS · Capital · Neutral Interim report shows net profit of 128M yuan, but no market reaction or comparison to expectations is provided.
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300718.CS▼

69 A-share companies issue risk alerts; robotics concept stocks clarify minimal business exposure

On the evening of July 3, 69 A-share companies collectively released announcements on abnormal stock trading or risk warnings. Among them, several robotics concept stocks and streak-rising shares that had surged during the day clarified that their related business accounted for an extremely low proportion. Changsheng Bearing, which hit the 20 percent daily limit up, stated that revenue from the embodied intelligence components segment made up less than 1 percent of its main business revenue and would not have a material impact on performance. Another limit-up stock, Ruide Zhiqu, said its harmonic reducer business accounted for only 8.44 percent of operating revenue, a relatively small share. Riyin Electronics, which had two consecutive limit-up days, pointed out that its electronic skin products are still in the verification and small-batch trial production stage, with revenue of less than 10,000 yuan, representing an extremely low share of total revenue. Zhongzhong Technology explicitly stated it has no robotics-related revenue and does not conduct related research and development, while its subsidiary's flexible automated production line business revenue does not exceed 1 million yuan. Fusai Technology said its robotics component products have not yet formed formal orders and have not generated revenue or profit. In addition, some stocks that have had their special treatment removed also showed abnormal movement. Zhongtong Guomai and Aiai Precision, both with three consecutive limit-up days, issued risk warnings.
300718.CS · Demand · Negative Revenue from embodied intelligence components segment less than 1% of main business revenue, will not materially impact performance.
603135.CG · Demand · Negative Company explicitly stated it has no robotics-related revenue and does not conduct related R&D, clarifying minimal business exposure.
603286.CG · Demand · Negative Electronic skin products still in verification/trial stage with revenue less than 10,000 yuan, extremely low share of total revenue.
603559.CG · · Neutral Issued risk warning after three consecutive limit-up days; no specific business clarification mentioned.
603580.CG · · Neutral Issued risk warning after three consecutive limit-up days; no specific business clarification mentioned.
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Artificial Intelligence▼

Evening announcements on July 3: Multiple companies clarify minimal robotics revenue; Longsys first-half net profit expected to surge over 60,000%

On the evening of July 3, several listed companies released announcements. Riyong Electronics, Zhongzhong Technology, Changsheng Bearing, Fusai Technology, and Ruidi Zhiqu all clarified that their humanoid robot or embodied intelligence-related business revenue accounts for an extremely low proportion, has not yet formed orders, or is still in the early stages, with negligible impact on performance. In terms of earnings forecasts, Longsys expects first-half net profit of 9.2 billion to 11 billion yuan, a year-on-year increase of 62,204% to 74,394%, mainly benefiting from the storage industry boom and edge AI demand; Hangdian Cable, ST Niya, and Dongyue Silicone also expect substantial net profit growth. In addition, Power Source is planning a change of control and will suspend trading from July 6; Pengding Holdings plans a private placement to raise no more than 9.6 billion yuan for AI server and high-speed optical module projects; Digital China won a 371 million yuan server procurement project; EVE Energy plans to reduce its stake in Smoore International by no more than 3.5%.
About megatrends
Artificial Intelligence › AI Server OEM & System Integration ▲Demand
Artificial Intelligence › Optical Interconnect & DCI Capital
301308.CS · Capital · Positive First-half net profit expected to surge 62,204%-74,394% due to storage industry boom and edge AI demand.
301308.CS · Demand · Positive First-half net profit expected to surge over 60,000% due to storage industry boom and edge AI demand.
000034.CS · Demand · Positive Won a 371 million yuan server procurement project.
0861.HK · Demand · Positive Won a 371 million yuan server procurement project.
300718.CS · Demand · Negative Clarified that humanoid robot business revenue is negligible and no orders formed.
300821.CS · Capital · Positive Expects substantial net profit growth in first half.
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Robotics & Physical AI▲

Humanoid Robot Concept Stocks Surge; Leaderdrive Hits Daily Limit Up in Afternoon Trading

On July 3, A-share humanoid robot concept stocks surged across the board. Leaderdrive briefly hit the 20 percent daily limit up in afternoon trading, with its share price approaching the 500 yuan mark and reaching a new high. Fengguang Precision hit the 30 percent daily limit up, Wanda Bearing rose over 25 percent, and Kailong High-Tech, Changsheng Bearing, and Reach Machinery all hit the 20 percent daily limit up. On the news front, Elon Musk posted photos on social media of a visit to the Optimus robot production line, signaling that mass production is approaching. The China Securities Regulatory Commission approved Unitree Technology's registration for an IPO on the STAR Market, with plans to raise 4.202 billion yuan. The market believes it could become the first A-share humanoid robot manufacturer, lifting the valuation center of the entire industry chain. The military sector also rose in tandem, with AVIC Aero-Engine and Chengchang Technology hitting their daily limit up. Ingenic Semiconductor rose over 10 percent, with the company stating that computing chip costs continue to rise and that price increases for memory chips are driving gross margin improvement.
About megatrends
Robotics & Physical AI › Humanoid Robots ▲Capital
Robotics & Physical AI › Precision Drives & Reducers ▲Demand
Robotics & Physical AI › Servo Motors & Magnets ▲Demand
Robotics & Physical AI › Robotics AI & Embodiment Software ▲Technology
Robotics & Physical AI › Machine Vision & Force/Tactile Sensing ▲Demand
688836.CG · Capital · Positive CSRC approved Unitree's IPO registration on STAR Market, raising 4.202 billion yuan, expected to become first A-share humanoid robot manufacturer.
688017.CG · Demand · Positive Humanoid robot concept stocks surged on Musk's Optimus production line photos and Unitree IPO approval, signaling rising demand for robot components.
300223.CS · Pricing · Positive Company stated computing chip costs continue to rise and memory chip price increases are driving gross margin improvement.
300718.CS · Demand · Positive Stock rose over 25% as part of broad humanoid robot concept rally, benefiting from sector demand optimism.
300912.CS · Demand · Positive Hit 20% daily limit up as part of humanoid robot concept surge, reflecting positive demand outlook for the sector.
Wanda Bearing Co., Ltd. · Demand · Positive Rose over 25% in the broad humanoid robot concept rally, benefiting from sector demand expectations.
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