Hengshuai Co., Ltd.: The company is currently actively developing applications in the field of robotics, but has not yet formed any related orders.

Hengshuai shares announced that the trading price of the company's convertible bonds deviated by more than 30% cumulatively for two consecutive trading days, which is considered an abnormal fluctuation in the trading of convertible bonds. Regarding the recent hot topics mentioned by some investors through the "Interactive Easy" platform of the Shenzhen Stock Exchange as well as during investor surveys, such as "humanoid robot motor" and "ADAS sensor active perception cleaning system" concepts. Regarding the humanoid robot motor, the company is currently actively exploring applications in the robotics field but has not yet received any related orders. As for the ADAS sensor active perception cleaning system, the company has obtained some fixed-point projects from customers, but the direct income is currently limited, with the 2024 related product income not exceeding 1% of the company's operating income. There are many uncertainties in the downstream market demand for the company's emerging products, so investors should be aware of investment risks.