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Zhejiang Changsheng Sliding Bearings Co Ltd Class A

Zhejiang Changsheng Sliding Bearings Co., Ltd. researches, develops, produces, and sells lubricated bearings and polymers in China and internationally. It offers self-lubricating bearings, low-friction pair components, modified engineering plastics, and fluoroplastic products. The company's products are used in automobiles, construction machinery, artificial intelligence, clean energy, and mechanical engineering industries. Zhejiang Changsheng Sliding Bearings Co., Ltd. was founded in 1995 and is headquartered in Jiashan, China.

Price · split & dividend adjusted
News & notes moving 300718.CS
300718.CS

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.
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Artificial Intelligence

Evening announcements on July 3: Multiple companies clarify minimal robotics revenue; Longsys first-half net profit expected to surge over 60,000%

On the evening of July 3, several listed companies released announcements. Riyong Electronics, Zhongzhong Technology, Changsheng Bearing, Fusai Technology, and Ruidi Zhiqu all clarified that their humanoid robot or embodied intelligence-related business revenue accounts for an extremely low proportion, has not yet formed orders, or is still in the early stages, with negligible impact on performance. In terms of earnings forecasts, Longsys expects first-half net profit of 9.2 billion to 11 billion yuan, a year-on-year increase of 62,204% to 74,394%, mainly benefiting from the storage industry boom and edge AI demand; Hangdian Cable, ST Niya, and Dongyue Silicone also expect substantial net profit growth. In addition, Power Source is planning a change of control and will suspend trading from July 6; Pengding Holdings plans a private placement to raise no more than 9.6 billion yuan for AI server and high-speed optical module projects; Digital China won a 371 million yuan server procurement project; EVE Energy plans to reduce its stake in Smoore International by no more than 3.5%.
第一财经·55dRead more ▾
Robotics & Physical AI

Humanoid Robot Concept Stocks Surge; Leaderdrive Hits Daily Limit Up in Afternoon Trading

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.
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