---
title: "Qijing Machinery: The steel wheels in the reducers of industrial robot components are still being developed and have not yet reached mass production"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/233104497.md"
description: "Qijing Machinery announced that due to the cumulative closing price drop deviation of the stock reaching 20% over three consecutive trading days from March 21 to March 25, 2025, it constitutes an abnormal fluctuation. The company's steel wheels in the reducers of industrial robot components currently under development have not yet reached mass production, and there is no impact on performance. The application ratio of this product in industrial robots is low, and there is uncertainty regarding future mass production, reminding investors to pay attention to risks"
datetime: "2025-03-25T11:03:05.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/233104497.md)
  - [en](https://longbridge.com/en/news/233104497.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/233104497.md)
---

# Qijing Machinery: The steel wheels in the reducers of industrial robot components are still being developed and have not yet reached mass production

According to the Zhitong Finance APP, Qijing Machinery (603677.SH) announced that the closing price drop deviation value of its stock reached a cumulative 20% over three consecutive trading days on March 21, March 24, and March 25, 2025. This situation falls under the category of abnormal stock trading fluctuations according to the relevant provisions of the "Shanghai Stock Exchange Trading Rules (2023 Revision)."

The company has noted that the robot concept has recently attracted significant market attention. Currently, the company's main business consists of three major segments: home appliance components, automotive components, and power tool components. The industrial robot components that the company is still developing are steel wheels for reducers, which have not yet entered mass production and currently have no impact on performance. Each corresponding industrial robot uses two of these products (one large and one small), which accounts for a relatively low proportion of the production cost of a single industrial robot. There is also significant uncertainty regarding the future mass production rhythm and scale of this product, and investors are advised to pay attention to investment risks

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