At its Q3 2026 results briefing, Mingxin Xuteng said its water-based suede microfiber has entered mass production. The core product’s revenue share rose sharply YoY in the first nine months and positively contributed to overall results. The company s

2026-11-09

At its Q3 2026 results briefing, Mingxin Xuteng said its water-based suede microfiber has entered mass production. The core product’s revenue share rose sharply YoY in the first nine months and positively contributed to overall results. The company said it will continue to increase R&D and market expansion for the product to broaden market penetration.