Company · supply chain

Leaderdrive / 绿的谐波: reducer growth and customer-proof gap

The core question is not whether reducers matter. It is whether filing-backed growth converts into named humanoid customer attach, durable margin and repeat volume.

Updated 2026-06-15. Evidence map only; no trade recommendation.

Growth dashboard

2025 revenueRMB 570.7M

+47.31% YoY; filing-backed company revenue acceleration.

2025 net profitRMB 124.4M

+121.42% YoY; profit grew faster than revenue in the reviewed filing period.

Robot-component lineRMB 422.5M

+52.61% YoY, 34.88% gross margin; industrial + embodied-intelligence robot parts, not humanoid-only.

2026 Q1 revenueRMB 140.1M

+42.96% YoY; early follow-through after 2025 acceleration.

Reducer volume

Harmonic reducer production+72.27% YoY in 2025.

433,655 units2025 filing-backed anchor

Harmonic reducer sales+72.48% YoY in 2025.

425,158 units2025 filing-backed anchor

Inventory-6.34% YoY; useful when checking demand vs channel stuffing.

18,238 units2025 filing-backed anchor

Customer evidence map

Confirmed public customer namesNot enough

Reviewed public sources do not disclose named Tesla / Figure / Unitree humanoid OEM supply wins.

Customer proof todayFiling line

The strongest public customer evidence is segment revenue and reducer volume, not named humanoid design wins.

What would upgrade itNamed OEM + scope

Named humanoid customer, contract period, order volume, module scope, ASP and margin durability.

Leaderdrive vs Harmonic Drive benchmark

China supplier growth proxy

Leaderdrive

Revenue signal: +47.31% revenue / +52.61% robot-component line

Reducer signal: +72.27% production / +72.48% sales

Global precision-reducer benchmark

Harmonic Drive / 哈默纳科

Revenue signal: Benchmark placeholder

Reducer signal: Needs same-period filing extraction before numeric comparison

Numeric Harmonic Drive comparison needs same-period public filing extraction before being promoted to a hard chart. This page avoids filling that gap with unsourced figures.