Guilin Fuda Co., Ltd. (603166.SH) has had corresponding achievements in Siasun Robot & Automation reducer products, but has not generated any income yet.

Guilin Fuda Co., Ltd. (603166.SH) announced that the closing price of the company's stock has deviated by more than 20% for three consecutive trading days on January 9th, 10th, and 13th, 2025. According to the relevant provisions of the Shanghai Stock Exchange Trading Rules, this constitutes abnormal trading volatility. On January 14th, 2025, the company's stock once again hit the limit up, indicating significant price fluctuations recently. The company has noticed a high level of interest in its Siasun Robot & Automation business in the market recently. The company's main business focuses on the research, development, production, and sales of engine crankshafts, precision forgings, new energy electric drive gears, automotive clutches, spiral bevel gears, and high-strength bolts. In the first half of 2024, the company formed a dedicated technical team to research and develop key components for Siasun Robot & Automation products, and has achieved results in the production of precision gears for Siasun Robot & Automation reducers using their existing capabilities. The company will continue to increase research and development efforts on new components for Siasun Robot & Automation products, and actively expand designated projects for Siasun Robot & Automation reducers. However, as of now, this project has not generated any revenue. Downstream manufacturers in the new product sector conduct strict inspections and certifications of production processes and product quality when selecting suppliers. There are market penetration risks for the company's new products, and future development and earnings are uncertain.