EFFICIENCY HIGHLIGHTS
Secret Metrics
Half of 2026
Year-on-year Change
Profits
RMB142.2 million
+80.1%
Gross revenue
RMB38.8 million
+148.3%
General gross earnings margin
27.3%
+7.5 portion points
Gross earnings margin of harmonic reducers
29.6%
+8.9 portion points
Changed EBITDA
RMB12.4 million
Risen
Changed bottom line
RMB4.1 million
Narrowed by 63.2%
Delivery volume of harmonic reducers
239.5 thousand systems
+112.0%
Money as at duration end
RMB980.1 million
Considerably increased following the Listing
Tailoring ratio
23.1%
Enhanced by 148 portion points as compared to completion of the previous year
HONG KONG, August 28, 2026 – (ACN Newswire) – Zhejiang Laifual Drive Co., Ltd. (“Laifual” or the “Company”Stock Code: 03952. HK) reveals its unaudited interim outcomes for the 6 months ended 30 June 2026. The Company was effectively noted on the Main Board of The Stock Exchange of Hong Kong Limited on 30 June 2026, ending up being the very first Hong Kong-listed domestic harmonic reducer stock.
Considerable Growth in Results with a Clear Inflection Point in Profitability
Throughout the Reporting Period, the Company’s earnings increased by 80% year-on-year to RMB142.2 million, mostly driven by the doubling of delivery volume of harmonic reducers to 239.5 thousand systems. Changed EBITDA rose to RMB12.4 million, and adjusted bottom line narrowed by 63.2% to RMB4.1 million, marking a clear inflection point in success. Following fundraising from the Listing, the capital structure was considerably optimised, with the tailoring ratio significantly enhanced from 171.2% to 23.1%. Money and money equivalents as at the end of the duration totaled up to RMB980.1 million.
Release of Cost Advantages with Continued Improvement in Gross Profit Margin
Through a totally vertically incorporated production system, continuous procedure upgrades and economies of scale, the Company has actually developed a structural expense benefit. The system expense of harmonic reducers continued to decrease. While preserving competitive item rates, the total gross revenue margin increased by 7.5 portion points as compared to the matching duration of the previous year to 27.3%, of which the gross earnings margin of harmonic reducers increased by 8.9 portion points to 29.6%. Fast development in deliveries together with ongoing enhancement in gross revenue margin shows that the Company has actually accomplished development in both volume and success through economies of scale and technological benefits.
Capability Ramp-up Leading the Industry, with Rapid Delivery Supporting Order Conversion
The Company’s production capability continued to climb up, with month-to-month capability quickly increase from 39.6 thousand systems at the end of 2025 to 64.8 thousand systems in July 2026, and the rate of ramp-up continuing to lead the market. Downstream need stayed strong. The Company’s capability utilisation rate reaching as high as 95%. Since 31 July 2026, impressive orders for harmonic reducers surpassed 400.0 thousand systems, offering a strong structure for ongoing future development.
Advancement Strategy: A Three-Pronged Drive of Capacity Expansion, R&D and Commercialisation
Looking ahead, the Company will continue to promote the ramp-up of production capability, innovation upgrades and market growth, so regarding combine and increase its market share in China’s harmonic reducer market.
Capability growth— Approximately 55% of the net earnings from the Global Offering is allocated for production capability building and construction. The Company will organized advance the building and construction of brand-new assembly line, devices procurement and skill allotment, targeting month-to-month production capability of 80.0 thousand systems by the end of 2026, therefore transforming capability scale into a market share benefit.
Innovation model — The Company will carefully follow the advancement pattern of humanoid robotics towards light-weight style and high accuracy, continue to advance the version and upgrade of harmonic reducers, and even more boost the efficiency and expense competitiveness of its core items; at the very same time, it will advance the R&D and commercialisation of items such as high-precision planetary reducers and joint modules, boost its integrated service abilities, and upgrade from a harmonic reducer provider to a company of accuracy transmission options.
Market growth — As production capability is launched, the Company will deepen cooperation with leading consumers, increase its share of supply to existing clients, and at the exact same time broaden to other robotics and high-end devices clients, promoting the adoption of its items in a more comprehensive series of application situations. The Company will accelerate its abroad market design, boost its abroad sales and service network, and advance item recognition, adoption and order conversion amongst leading abroad clients.
The Company will take the advancement chances occurring from the commercialisation of humanoid robotics and the localisation of accuracy transmission, completely utilize its synergies in production capability, expense and clients, and make every effort to end up being an international leader in accuracy transmission options, developing long-lasting worth for Shareholders.
About Zhejiang Laifual Drive Co., Ltd.
Zhejiang Laifual Drive Co., Ltd. (Stock Code: 3952. HK) is a leading supplier of core parts for robotic accuracy transmission in China. It provides a thorough item portfolio covering harmonic reducers, joint modules, robotic arms and automated workstations. Its items are mostly used in humanoid robotics, commercial robotics, collective robotics and other high-precision application circumstances. In regards to delivery volume in 2025, the Company had a market share of 21.4% in China’s robotic harmonic reducer market, ranking 2nd locally.
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Subject: Press release summary