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

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.