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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Direct Drive Tech Limited
Direct Drive Tech Limited (6731) investor relations material
Direct Drive Tech Limited H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary21 Sep, 2026
Executive summary
Audited consolidated financials cover 2023, 2024, 2025, and H1 2026, prepared for Hong Kong IPO inclusion.
The group designs, manufactures, and commercializes intelligent robotic actuator modules and robots.
Financials prepared under IFRS for the first time, with transition from PRC GAAP having no material impact.
Financial highlights
Revenue grew from RMB17.5m in 2023 to RMB200.3m in H1 2026, with a peak of RMB281.7m in 2025.
Net losses deepened: RMB75.6m (2023), RMB93.7m (2024), RMB881.0m (2025), RMB390.7m (H1 2026).
Gross profit improved to RMB41.4m in H1 2026, but gross margin declined due to higher costs.
Loss per share: RMB1.28 (2023), RMB1.15 (2024), RMB5.25 (2025), RMB1.23 (H1 2026).
Cash and cash equivalents at H1 2026: RMB293.5m.
Outlook and guidance
Directors expect sufficient working capital for at least 12 months post-June 2026, assuming IPO proceeds and reclassification of redemption liabilities to equity.
No dividends declared; focus remains on growth and R&D.
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Next Direct Drive Tech Limited earnings date
H2 202619 Apr, 2027
Direct Drive Tech Limited
Next Direct Drive Tech Limited earnings date
H2 202619 Apr, 2027
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