Leader Harmonious Drive Systems Co Ltd

On the evening of August 26, multiple listed companies released positive announcements. Jiamusi Electric Machine said its nuclear power business is currently at full production, and the new multifunctional high-temperature high-pressure nuclear main pump full-flow test bench project, with an investment of 381 million yuan, has been completed, with comprehensive testing capability leading in China. Kinwong Electronic expects to make more positive progress with North American hyperscale cloud provider customers by 2027. Hengtong Optic-Electric's net profit in the first half of the year rose 93.38% year on year, and revenue from its optical communications business grew more than 130% year on year. Hua Hong Semiconductor's net profit in the first half of the year rose 436.69% year on year, with shipments hitting a record high. Lianxun Instruments' net profit in the first half of the year rose 903% year on year, and it plans to transfer 4.8 shares for every 10 shares from capital reserve. New China Life Insurance's net profit in the first half of the year rose 54% year on year, and it plans to pay a cash dividend of 0.73 yuan per share. Shennan Circuits' net profit in the first half of the year was 2.251 billion yuan, up 65.55% year on year. Yili Group plans to buy back shares for no less than 1 billion yuan and no more than 2 billion yuan. Leaderdrive's net profit in the first half of the year rose 31.25% year on year, and its embodied intelligent robot business grew substantially in scale. Northern Copper's net profit in the first half of the year was 1.396 billion yuan, up 186.61% year on year. Dapu Microelectronics signed a sales order for enterprise-grade PCIe SSDs worth 515 million US dollars, accounting for 152.70% of its 2025 main business revenue. COSCO Shipping Specialized Carriers' net profit in the first half of the year was 1.371 billion yuan, up 66.24% year on year.

Against the backdrop of crowded trading in A-share technology hot sectors and amplified short-term volatility, institutions recommend that investors shift their attention to three major sectors: the low-altitude economy, humanoid robots, and commercial aerospace, seizing pullback windows to position at lower levels. CICC believes that the intensive rollout of low-altitude economy policies is resonating with technological iteration across the industry chain, and expectations for an industry inflection point are gradually strengthening. Guoyuan Securities analyst Gong Siwen suggests focusing on whole-machine names such as Wanfeng Auto Wheel, EHang, JOUAV, and Lvneng Huichong, as well as core component names such as Zongshen Power, Wolong Electric Drive, Yingliu Shares, and Inpower. On the humanoid robot front, Unitree Robotics recently entered the capital market and is expected to provide a clearer valuation anchor for the sector, driving a shift in capital from pure thematic speculation to growth-based pricing. Huayuan Securities analyst Zhao Mengni suggests focusing on Everwin Precision, Foresight Technology, Sanhua Intelligent Controls, Tuopu Group, Leader Harmonious Drive, Shuanghuan Transmission, Hengli Hydraulic, Zhejiang Rongtai, Moons' Electric, and Zhaowei Machinery & Electronics. In commercial aerospace, the Long March 10B and Zhuque-3 have successively completed successful recoveries, and reusable rocket technology is maturing. With falling launch costs resonating with demand for low-orbit constellation networking, industrialization is expected to accelerate. Guotai Haitong Securities analyst Yang Tianhao suggests focusing on Chengchang Technology, Tongyu Communication, Sunway Communication, Shanghai Hanxun, Aerospace Electronics, Feiwo Technology, Sirui Advanced Materials, and Western Metal Materials.

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.

SKF has agreed with Leader Harmonious Drive Systems to establish a joint venture in China focused on high-precision transmission components for humanoid robot joints. SKF will hold a 60% stake in the venture, which is expected to become operational by the end of 2026. The partnership will combine Leaderdrive's automation and humanoid robotics expertise with SKF's bearing technology and global supply chain. The venture will initially serve the Chinese market and later target selected international markets including Europe, Japan, and the U.S. through SKF's sales network. Financial terms were not disclosed.