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Jiangsu Leili Motor Corp Ltd

Jiangsu Leili Motor Co., Ltd. and its subsidiaries research, develop, produce, and sell household appliances, micro motors, and intelligent components in China and internationally. Its product lines include motors and components for air conditioning, washing machines, refrigerators, small appliances, automotive systems, medical and sports health equipment, and industrial control, as well as laser radar motors, electric-air machines, synchronous and DC brushed motors, and micro water pumps. The company also engages in investment and asset management and commerce and trade activities. Formerly known as Changzhou Leshi Leili Motor Co., Ltd., it was founded in 1993 and is headquartered in Changzhou, China.

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300660.CS

Jiangsu Leili's 2026 interim net profit was 101 million yuan, down 45.98% year-on-year

Jiangsu Leili released its 2026 interim report. The company's total operating revenue was 2.307 billion yuan, and net profit attributable to the parent was 101 million yuan, down 45.98% from the same period last year. Net cash inflow from operating activities was 139 million yuan, down 2.45% year-on-year. The company's asset-liability ratio was 45.76%, gross margin was 23.41%, ROE was 2.86%, and diluted earnings per share was 0.17 yuan. The number of shareholders was 48,200, and the top ten shareholders held 65.86% of total share capital.
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Jiangsu Leili forecasts up to 48% drop in first-half net profit, hit by forex losses and high raw material costs

Jiangsu Leili has disclosed its performance forecast for the first half of 2026, estimating net profit attributable to the parent company at 96.86 million yuan to 115.48 million yuan, a year-on-year decline of 38% to 48%. The company said the sharp appreciation of the renminbi against the US dollar compared with the same period last year led to expanded exchange losses, while prices of key raw materials such as copper, aluminium and rare earths remained elevated, causing gross margin to fall year-on-year. In addition, research and development spending on new businesses stayed at a high level, and the automotive components business is still in the production ramp-up phase where economies of scale have not yet fully materialised, further weighing on profit. Non-recurring gains and losses are expected to affect net profit by 22 million yuan to 28 million yuan, mainly from investment income on disposal of a subsidiary's equity and an increase in government grants.
读创财经·43dRead more →
Biotech & Genomic Medicine

The Paper survey: Chinese companies’ cross-sector breakthroughs reflect the iterative evolution logic of Chinese manufacturing

During the Jiangsu leg of the “Dynamic China Survey Tour,” reporters from The Paper found that a group of niche industry leaders are upgrading their capabilities through cross-sector breakthroughs, reflecting the iterative evolution logic of Chinese manufacturing. Jiangsu Leili Motor has moved from home appliance motors into the new energy vehicle and robotics sectors, with related business revenue growing from tens of millions of yuan to over 900 million yuan in just a few years. Famsun, leveraging its expertise in agricultural and livestock equipment processes, has made its pet food equipment number one in domestic market share and achieved import substitution. Cell and gene therapy company Cellbri Bio has slashed the production cost of autologous cell therapy from 300,000 to 500,000 yuan to around 100,000 yuan, making cell and gene therapy more accessible. Wei Liurong, an expert at the China Academy of Information and Communications Technology, said that the systematic expansion of leading enterprises into adjacent tracks has become an industrial phenomenon, and its essence is the concentrated release of China’s core manufacturing technologies, industrial ecosystem, and scenario advantages.
澎湃新闻·53dRead more →
Robotics & Physical AI

Jiangsu Leili completes full embodied intelligence supply chain layout; this year focuses on deploying dexterous hand in factory applications

Jiangsu Leili has established a complete layout across the embodied intelligence supply chain, covering core components, motion control assemblies, intelligent control, and motion bases. The company plans to focus this year on deploying dexterous hand components on factory assembly lines. Last year, its revenue exceeded 4 billion yuan for the first time, and its core robot components have entered the supply chains of multiple domestic and international robot body manufacturers, module makers, and dexterous hand enterprises. Revenue from the robotics projects of its holding subsidiary, Dingzhi Technology, surged 687.23 percent year-on-year in 2025. Zhongke Lingxi has developed dexterous hands using three major technical routes: linkage-driven, cable-driven, and direct-drive. All core components are domestically produced, and at equivalent performance, prices are 30 to 50 percent lower than comparable products. The company also noted that the current price of a complete humanoid robot exceeds 1 million yuan, with the dexterous hand accounting for nearly 20 percent of the total cost. High cost is the biggest barrier to large-scale adoption, while insufficient generalization capability is another major challenge. Jiangsu Leili positions itself as a supplier of core hardware components and will not venture into robot body manufacturing for the time being.