Leisai Intelligent: Initially expected that revenue from the humanoid robot business will gradually make a greater contribution starting next year and the year after.

Leisai Intelligent recently stated during institutional research and on-site visits that its annual orders in hand for frameless torque motors exceed 1 million units, with annual deliveries expected to reach 800,000 to 900,000 units. Current monthly production capacity has reached 150,000 units, and the company is expanding automated production lines to move toward an annual output of 3 million units. On joint modules, orders across three major categoriesharmonic, planetary, and integrated wheelare showing rapid growth. Orders in hand currently exceed 60,000 units, deliveries are accelerating, and the company is simultaneously increasing production capacity. In terms of revenue share, the robotics business currently accounts for a relatively small proportion of the company's overall revenue, estimated at about one-tenth this year, but it has already shown a rapid growth trend. It is initially expected that revenue from the humanoid robotics business will gradually make a larger contribution next year and the year after, and its share is very likely to rise rapidly in the coming years. The order scale for robotics-related business for the full year is expected to be between 200 million and 300 million yuan. The above is based on predictions under the current development situation of the humanoid market and is for reference only.