Leader Harmonious Drive Systems stock news
On August 27, 2026, Leader Harmonious Drive Systems (688017.SH) released its semi--annual financial report for the first half of 2026. The company reported total operating revenue of 245.12 million RMB, representing a 12.3% year--on--year increase. Net profit attributable to shareholders reached 48.25 million RMB, a 5.1% decrease compared to the same period in 2025. This margin compression was primarily driven by a 25% increase in research and development expenses, as the company accelerates the commercialization of "integrated joint modules" and high--torque density reducers specifically designed for the humanoid robotics market. The company also confirmed that its new automated production line in Suzhou is expected to reach full operational capacity by the end of the fourth quarter.