Changying Precision

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   Changying Precision posts Q3 loss as embodied AI revenue surges

   Changying Precision reported 2026 first-nine-month revenue of RMB 16.453 billion, up 21.78% year over year, but net profit swung to a RMB 66 million loss. Revenue from embodied intelligence and emerging technology hardware rose 532.67% to RMB 419 million, though it accounted for only 2.5% of total revenue and had not yet made a sufficient profit contribution. TMTPost said higher R&D spending, foreign-exchange pressure, intense competition and weaker bargaining power weighed on margins.

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