STOCKS | Changsheng Bearing Says Embodied-Intelligence Parts Revenue Is Less Than 1% Of Main Business

Changsheng Bearing said its shares met the criteria for abnormal trading volatility after the stock’s cumulative closing-price deviation exceeded 30% over three consecutive trading days. According to Jin10, the company issued an announcement on unusual price movements, stating that its stock’s cumulative deviation surpassed 30% across July 1, 2026, July 2, 2026, and July 3, 2026, which falls under abnormal stock trading volatility under relevant Shenzhen Stock Exchange rules. The company said it has noticed heightened market attention to robot-related hot concepts. It said its main business is the research, production, and sales of self-lubricating bearings and high-performance polymers, with key products including self-lubricating bearings, high-performance modified engineering plastics, and fluoroplastic products. Changsheng Bearing said its main business has remained stable without significant fluctuations. It added that revenue from embodied-intelligence component-related business accounts for a low share of its main business revenue, at less than 1%, and would not have a material impact on performance.