At its Sept. 4, 2026 H1 results briefing, Mingxin Xuteng said electronic skin and functional leather products are still in early-stage R&D and being jointly developed with customers. Industry technical routes lack unified standards, leaving substanti

2026-09-04

At its Sept. 4, 2026 H1 results briefing, Mingxin Xuteng said electronic skin and functional leather products are still in early-stage R&D and being jointly developed with customers. Industry technical routes lack unified standards, leaving substantial technical uncertainty; the projects have generated no orders or revenue to date. Existing fixed assets are being used to support laboratory development and pilot-scale testing; the company said it may expand capacity and begin mass deliveries once industry standards and customer product designs are confirmed.