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AA Industrial Belting

AA Industrial Belting (Shanghai) Co., Ltd. researches, develops, produces, and sells lightweight conveyor belts in China. Its product range includes lightweight conveyor, easy-clean, synchronous, felt, roller tension, elevator steel, and winding machine belts, along with auxiliary materials. These products are used in aluminum profile processing, textiles, printing and dyeing, food processing, logistics and transportation, agricultural products processing, entertainment and fitness, wood processing, electronics manufacturing, and printing and packaging. Founded in 1993, the company is based in Shanghai, China.

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603580.CG

Two Consecutive Limit-Ups: Aiai Precision Clarifies That Neither the Company Nor Acquirer Shanghai Yusheng Is Involved in Indium Phosphide Business

Aiai Precision issued an announcement on abnormal stock trading fluctuations to clarify matters of market concern. The company stated that its main business is light conveyor belts and precision metal structural parts and electronic components, and that as of now there has been no material change in its main business. Neither the company, the acquirer Shanghai Yusheng, nor its controlling shareholder is involved in indium phosphide-related business. The announcement also said that as of now, Shanghai Yusheng, its controlling shareholder Guangxi Yusheng, and actual controller Yuan Yuan have no clear plan to sell, merge, form joint ventures, or cooperate with others regarding the assets and business of the listed company and its subsidiaries within the next 12 months, nor is there any clear restructuring plan for the listed company to purchase or swap assets.
603580.CG · Regulation · Neutral Company clarified in an exchange filing that neither it nor its acquirer is involved in indium phosphide business, cooling the speculative theme behind its two limit-ups.
Guangxi Yusheng · Regulation · Neutral Named as Shanghai Yusheng's controlling shareholder, stated to have no indium phosphide involvement and no plan to sell or restructure assets within 12 months.
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Aaa Precision's 2026 interim net profit was 5.67 million yuan, down 38.15% year-on-year

Aaa Precision released its 2026 interim report, with net profit attributable to the parent company of 5.67 million yuan, a decrease of 38.15% compared with the same period last year. The company's total operating revenue was 219 million yuan, up 114.15% year-on-year, achieving growth for three consecutive years. Net cash inflow from operating activities was 11.15 million yuan, up 150.17% year-on-year. The company's latest asset-liability ratio was 39.30%, gross margin was 23.74%, ROE was 1.27%, and diluted earnings per share was 0.04 yuan.
603580.CG · Capital · Negative Net profit fell 38.15% year-on-year despite revenue growth.
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AiAi Precision emerges from delisting warning to welcome a new owner, surging 8 daily limit-up moves in 10 sessions

On July 20, the Shanghai Composite Index rose over 1 percent, reclaiming the 3,800-point level. Market focus stock AiAi Precision hit its daily limit-up at the opening auction, notching its fourth consecutive limit-up. Earlier, on the evening of July 16, the company issued a stock price volatility notice, cautioning that the change of control still requires compliance confirmation from the Shanghai Stock Exchange and share transfer procedures, with uncertainty over whether it can ultimately be completed. It also stated that within 36 months after the equity change, there are no plans to inject assets held by Shanghai Yusheng, its controlling shareholder Guangxi Yusheng, or the actual controller Yuan Yuan. The company's precision metal structural parts and electronic components business posted main operating revenue of 82.3117 million yuan in the fourth quarter of 2025, and 45.4075 million yuan in the first quarter of 2026, a quarter-on-quarter decline of 44.83 percent. Among this, revenue from new energy battery accessories fell 72.12 percent quarter-on-quarter, posing a risk of declining performance. AiAi Precision originally focused on light industrial conveyor belts. In 2024, it was flagged for delisting risk after revenue reached only 168 million yuan and net profit attributable to the parent company recorded a loss of 8.8461 million yuan. In 2025, through the acquisition of Taizhou Zhongshixin Electronics, it entered the precision metal structural parts and new energy battery accessories sectors, achieving operating revenue of 330 million yuan and net profit attributable to the parent company of 43.8399 million yuan, with revenue after deductions of 316 million yuan. On July 1, 2026, the delisting risk warning was lifted and the company completed its turnaround.
603580.CG · Capital · Positive Company emerged from delisting warning, completed turnaround, and stock surged on change of control and acquisition.
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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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