Shenzhen Zhaowei Machinery & Electronics Co.,Ltd. (003021.SZ) has issued an announcement regarding unusual fluctuations in its stock trading, responding to market attention that has labeled the company as a "humanoid robot concept stock."
The company's primary business involves the production, design, research and development, and sales of miniature transmission and miniature drive systems. Among the products it sells, the business revenue related to the humanoid robotics sector accounts for an extremely low proportion of the company's total operating revenue. According to rough estimates, this portion of business revenue does not exceed 1% of the company's operating revenue for the first half of 2026, and it is expected that this business will not have a material impact on the company's operating performance in 2026.
The company has noted that the market has shown relatively high interest in humanoid robots and AI hardware products, and hereby clarifies the following: the humanoid robotics and AI hardware product sectors belong to emerging industries or new scenario demands, which place relatively high requirements on the company's research and development and product design capabilities. The company's related products still require a considerable amount of time before reaching large-scale mass production. Recently, the company has not added any major customers in this business segment, nor has it obtained or expects to obtain any new large-scale orders. At the same time, the progress of product research and development and mass production in related directions is affected by multiple factors, including the company's level of R&D investment, technological iteration, market environment, and customer demand. Whether the expected benefits can be achieved remains uncertain.
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