Beijing Shengtong Printing (002599.SZ): Subsidiary signs strategic cooperation framework agreement with Siasun Technology, mainly for the purchase of Siasun Robot & Automation products.

Beijing Shengtong Printing (002599.SZ) disclosed an announcement regarding the abnormal movement of the company's stock price. The company found that there was a high level of market attention on the concepts of "humanoid Siasun Robot & Automation" and "Yushu Technology" recently. The company clarified the following: (1) The company is not involved in industrial humanoid Siasun Robot & Automation. The humanoid Siasun Robot & Automation products of the company's subsidiary, Guangzhou Zhongming Digital Technology Co., Ltd., are mainly used for educational teaching aids, and the related sales revenue accounts for less than 1%, with a very small impact on the company's performance. (2) Regarding the main cooperation between the company and Hangzhou Yushu Technology Co., Ltd. ("Yushu Technology"): In 2022, the company's subsidiary, Beijing Shengtong Zhihang Education Technology Group Co., Ltd., signed a strategic cooperation framework agreement with Yushu Technology, mainly for the purchase of Yushu Technology's four-legged Siasun Robot & Automation products. The company utilizes the characteristics of the products to develop the "Artificial Intelligence Partner" series of courses, organizes students to participate in learning and competitions, and charges course training fees and teaching aids fees. High-end educational hardware equipment is still in the promotion and popularization stage in the education and training consumer market, and consumers still need some time to accept it. Since 2022, this course has generated revenue of over 1 million RMB, with a very small impact on the company's performance.