Constituents  ›  Zhongda Leader

Zhongda Leader中大力德

002896.SZ Components & actuators
Index weight
0.89%
Rank #30 of 41
Market cap
$2.2B
USD, live
PAI exposure
75%
Revenue from Physical AI
HQ
Ningbo
Founded 1998
Valuation
$2.2B · market cap
via Yahoo Finance · 2026-06-24

About

Rare A-share company with full capability across all three major reducer types: planetary, harmonic, and RV. Listed since 2017 (002896.SZ). 25+ years in precision reducers, evolved from single components to integrated 'reducer + motor + driver' modules. Official website lists dedicated 'humanoid robot module' product category. Holds 212 patents. Actively positioning for humanoid robot joint market with products covering heavy-load (RV), precision (harmonic), and high-torque-density (planetary) applications.

Ningbo, Zhejiang · Founded 1998 · Company website

Why in the Index

Reducers, gearboxes, and integrated drive modules for industrial automation and humanoid joints.

PAI exposure of 75% reflects the share of trailing-twelve-month revenue attributed to Physical AI activities. See methodology §4 for inclusion criteria and §6 for how PAI exposure scales the weight.

Key Physical AI activities

  • Planetary ReducersPrecision gear design with high torque density, low backlash (≤1 arc-min), and long life (≥20,000 hours). For humanoid robot high-load joint scenarios.
  • RV ReducersFor humanoid robot heavy-load joints requiring high rigidity and impact resistance.
  • Harmonic ReducersFor humanoid robot lightweight, high-precision joint applications.
  • Humanoid Robot ModulesIntegrated reducer + motor + driver modules specifically designed for humanoid robot joints. Listed as dedicated product category on company website.

Milestones

  • 1998Founded as Cixi Zhongda Motor Factory
  • 2017IPO on Shenzhen Stock Exchange (002896.SZ)
  • 2023-04Redirected fundraising to increase reducer business investment
  • 2025-03Dongwu Securities report: 'poised to benefit from humanoid robot industrialization'
  • 2026-03Dongfang Fortune highlights company as rare 'full-spectrum reducer player' in A-shares

Competitive position

Only A-share company with simultaneous production capability for planetary, harmonic, AND RV reducers. 212 patents. Dongwu Securities calls it positioned to 'fully benefit from humanoid robot industrialization'. Revenue from reducers growing with improving margins.

Recent activity

No events tracked yet — this company is monitored daily.

Disclaimer

This profile is part of the China Physical AI Index — a public information product published by Tech Buzz China for informational and educational purposes only. It is not investment advice and is not a recommendation regarding Zhongda Leader or any other security. Company data is based on public filings and TBC research; revenue-exposure estimates are point-in-time and subject to update. See the full methodology §11 and disclaimer page.