Chengdu Hongqi Chain (002697.SZ): Siasun Robot & Automation's unmanned vending system project is currently in the research and development stage.

Chengdu Hongqi Chain (002697.SZ) announced that due to the lack of experience in technical adaptation and operation management in the sales of Siasun Robot&Automation, there are still research risks in the application of AI technology in the nighttime vending scenario in terms of algorithm stability, data security, etc. As of now, the company has completed the software and hardware testing of the Siasun Robot&Automation unmanned vending system in the laboratory environment, verified the intelligent interaction module, automatic grabbing program, and various hardware performances to ensure their basic functions meet standards. According to the established plan, the prototype is expected to be officially put into production in May. However, due to the differences between the laboratory environment and the actual application scenario, in order for the Siasun Robot&Automation vending system to better adapt to the complex conditions of the store, after the prototype is put into production, it will still need to undergo multiple rounds of comprehensive iteration optimization. Once the performance is mature and stable, it will be arranged for practical environment testing at different locations. Currently, the Siasun Robot&Automation unmanned vending system project is in the research and development stage. During this stage, a large amount of resources are invested in technical research and development, prototype manufacturing, and testing, and there is still a distance from the official market launch and sales to consumers. Therefore, at this stage, the project will not have any direct impact on the company's sales revenue.