Mech-Mind Revenue Rises 55% as Orders Jump
Mech-Mind Robotics reported first half revenue of RMB237.3 million, up 54.7% from a year earlier, according to its interim results announcement. Gross profit increased 63.6% to RMB154.2 million, while gross margin rose to 65.0% from 61.4%.
New order value reached RMB335.4 million, up 75.3%, while the order backlog doubled to RMB176.5 million as of June 30. Revenue from robotic guidance increased 49.9% to RMB216.3 million, and AI inspection and measurement revenue rose 128.4% to RMB21.1 million.
Research and development spending increased 72.9% to RMB80.1 million. Adjusted loss narrowed to RMB52.5 million from RMB55.8 million. Mech-Mind expects to deliver more than 10,000 units during 2026.
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