Golden Hair Technology's Stock Price Soars 153% This Year, Begins Mass Supply to Humanoid Robot Clients

The company's stock price has surged 153% this year by jumping on the "embodied robot" bandwagon! What are the hard strengths behind it?

Since the beginning of this year, the concept of "embodied robots" in the A-share market has continued to be a hot topic, with companies in related industrial chains frequently attracting attention from investors. Among them, Kingfa Sci & Tech Co., Ltd. (600143), a leading company in the materials sector, has garnered significant interest with its lightweight materials for robots, PEEK, liquid cooling technology, and other popular concepts. Its stock price has risen by more than 153% this year, showing remarkable performance.

At the semi-annual performance briefing on September 19, 2025, Wu Di, the director and general manager of Jinfa Technology, stated, "Currently, the company has engaged in collaborative research and development of materials related to embodied intelligent robots with several leading enterprises in the humanoid robot field, and some customers have entered the mass supply stage." In addition, Jinfa Technology is also advancing deep joint development projects with several potential customers, and the results are expected to gradually materialize in the future.

In the field of humanoid robots, Jinfatech has established a dedicated research and development team for robot materials, which will continue to advance material technology and customer project integration, in order to be fully prepared for the industry's explosive growth period.

Golden Hair Technology was founded in 1993 and is one of the companies with the most comprehensive range of products in the global chemical new materials industry. Its products include modified plastics, environmentally friendly high-performance recycled plastics, biodegradable plastics, specialty engineering plastics, carbon fibers, and composite materials, among nine major categories. Its downstream applications span various industries such as automotive, home appliances, electronics and electrical engineering, consumer electronics, new energy, high-end equipment, and healthcare.

Jinfa Technology stated that the rapid development of strategic emerging industries such as smart cars, new energy, artificial intelligence, humanoid robots, low-altitude economy, VR/AR, 5G communications, and new infrastructure has provided strong market demand for the company. In the first half of 2025, the company achieved revenue of 31.636 billion yuan, a year-on-year increase of 35.5%; net profit was 585.3 million yuan, a year-on-year increase of 54.12%.

In the field of specialty engineering plastics, Kingfa Technology has developed production capabilities for PEEK, LCP, and PPA. On the downstream application side, Kingfa Technology's halogen-free flame-retardant semi-aromatic polyamide with electronic fluorination resistance is widely used in immersion-cooled server storage connectors, supporting high-speed transmission of 12800MT/s. The new generation of low dielectric LCP materials has been mass-produced for high-speed connectors in AI servers, achieving a transmission rate of 224Gbps. Ultra-temperature-resistant, fatigue-resistant, and wear-resistant PPA materials have successfully addressed the long-life requirements of key components in robotics, achieving industry applications. PEEK materials, with their properties of being lightweight, high-temperature resistant, self-lubricating, and corrosion-resistant, have become an important choice for replacing steel in humanoid robot joints and skeletons.

With the increasing demand for domestic alternatives, Kingfa Sci & Tech's performance in the high-end new materials market is expected to accelerate. Currently, the company's total production capacity for specialty engineering plastics is nearly 34,000 tons per year, with several capacity expansion projects actively advancing: the initial 5,000 tons per year LCP resin facility is about to start production; a 40,000 tons per year specialty polyamide project has been initiated; a kilo-ton level polyimide project is planned to start production by the end of 2025; and a 50,000 tons per year blending modification factory has entered the construction phase.