香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 ROBOSENSE TECHNOLOGY CO., LTD 速騰聚創科技有限公司 （於開曼群島註冊成立的有限公司） （股份代號：2498） 截至2025年12月31日止年度的 全年業績公告 董事會欣然公佈本集團截至2025年12月31日止年度的經審核合併財務業績，連同截至2024年 12月31日止年度的比較數字。 主要財務亮點 | | 截至12月31日止三個月 | | | --- | --- | --- | | | 2025年 | 2024年 | | | （人民幣千元） | | | | （未經審核） | | | 收入 | 750,694 | 513,932 | | 毛利 | 213,607 | 113,791 | | 經營利潤╱（虧損） | 130,078 | (152,007) | | 淨利潤╱（虧損） | 103,656 | (131,075) | | 以下人士應佔利潤╱（虧損）： | | | | ...

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發 表任何聲明，並明確表示，概不對因本公告全部或任何部份內容而產生或因倚賴該等內容而引致的任何損失承 擔任何責任。 速騰聚創科技有限公司（「本公司」，連同其附屬公司統稱「本集團」）董事（「董事」）會（「董事會」） 謹此宣佈，董事會會議將於2026年3月25日（星期三）舉行，藉以（其中包括）省覽及批准本集團 截至2025年12月31日止年度的全年業績及其發佈，並考慮派付末期股息（如有）的建議。 本公司的管理層將於2026年3月25日（星期三）下午8:00時正（香港時間）（上午8:00時正（美國東 部時間）舉行業績電話會議。擬接入電話會議的與會者須通過以下鏈接進行註冊方能參與是次 會議： 註冊鏈接： https://s.comein.cn/2za9bzsw ROBOSENSE TECHNOLOGY CO., LTD （於開曼群島註冊成立的有限公司） 速騰聚創科技有限公司 （股份代號：2498） 董事會會議日期 邱純鑫博士 於登記後，與會者將就是次會議收到一封載有與會者撥入號碼及個人獨有編號的電郵。 深圳，2026年3月1 ...

Summary of the Conference Call on SUTENG Technology Company Overview - **Company Name**: SUTENG Technology - **Industry**: LiDAR technology for automotive and robotics applications - **Founded**: 2014 - **Key Founders**: Qiu Chunxin, Zhu Xiaorui, Liu Letian Key Points and Arguments Industry Insights - The LiDAR sector is experiencing rapid growth, with expectations for significant advancements in autonomous driving technologies (L2, L3, L4) [4][5] - The market for automotive LiDAR is projected to reach approximately 400 billion RMB, with SUTENG aiming for a 30% market share [6][7][21] Company Performance - SUTENG achieved its first quarterly profit in Q4 2025, exceeding market expectations with a net profit of at least 60 million RMB [12] - The company’s net loss for the full year 2025 was significantly reduced to under 180 million RMB, compared to nearly 500 million RMB in 2024 [12] Financial Projections - Revenue forecasts for 2026 and 2027 are approximately 3.6 billion RMB and 4.5 billion RMB, respectively, with net profits expected to be around 220 million RMB and 420 million RMB [6][20] - The projected P/E ratio for 2027 is around 34 times [6][20] Product Development and Innovation - SUTENG has introduced several innovative products, including the first mass-produced solid-state digital LiDAR, which has a range of up to 600 meters [10][11] - The company is focusing on enhancing its product offerings in the robotics sector, with significant advancements in sensor technology and the introduction of new robotic arms [11][18] Market Opportunities - The demand for blind-spot LiDAR is expected to rise, with high-end vehicles increasingly adopting this technology, potentially increasing the average value per vehicle [13][15] - SUTENG has secured numerous orders for its EM4 and 1万 LiDAR products, particularly in the Robot Taxi and Robot Van segments, which are anticipated to drive substantial revenue growth [16][17] Competitive Positioning - SUTENG is positioned as a leader in the LiDAR market, having achieved the highest market share in passenger vehicle LiDAR globally by 2024 [9] - The company has a strong order pipeline, with major automotive clients like BYD and Geely contributing significantly to its sales [19][20] Management and Ownership Structure - The company is controlled by its founders, who collectively hold about 21% of the shares, with significant external investment from Alibaba's Cainiao Network [11][12] Future Outlook - The overall market for robotics and automotive LiDAR is expected to grow, with SUTENG poised to benefit from this expansion due to its innovative products and strategic partnerships [21] - The company is anticipated to continue reducing its reliance on major clients, diversifying its customer base for more stable revenue streams [20] Additional Important Information - SUTENG's historical milestones include the launch of its first mechanical LiDAR in 2016 and the introduction of its first solid-state LiDAR in 2021 [8][9] - The company has been recognized for its technological advancements and has received multiple orders from leading companies in the robotics and automotive sectors [10][17] This summary encapsulates the key insights and projections discussed during the conference call regarding SUTENG Technology and its position within the LiDAR industry.

股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2026年2月28日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 速騰聚創科技有限公司 呈交日期: 2026年3月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | 不適用 | | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 02498 | 說明 | | | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | | 法定/註冊股本 | | | 上月底結存 | | | 800,000,000 | USD | | 0.0001 | USD | | 80,000 | | 增加 / 減少 (-) | | | 0 | | | | USD | | | | 本月底結存 | | | 800,000,000 | USD | | 0.0001 | USD | | 80,000 | 本月底法定/註冊股本總額： US ...

Core Viewpoint - The report from China Merchants Securities highlights the significant presence of robotics companies at the recent Spring Festival Gala, showcasing advancements in motion control and autonomy, indicating a strong governmental support phase for the robotics industry this year [1][2] Group 1: Industry Trends - The Spring Festival Gala featured a notable increase in the number of humanoid robots, reflecting the government's commitment to strengthening the humanoid robotics sector, similar to the initial phase of the new energy vehicle industry [1] - The technology demonstrated this year at the gala was more complex than in previous years, with improved group performance and coordination among robots, showcasing advancements in collective control capabilities [2] Group 2: Investment Opportunities - China Merchants Securities recommends focusing on several companies in the robotics sector, including UBTECH (09880), Yujin (02432), Geek+ (02590), and Minth Group (00425), as well as companies in the broader robotics field such as Hesai Technology (02525), SUTENG (02498), and Horizon Robotics (09660) [1] - The report anticipates a policy environment characterized by national strategic guidance and local support, which is expected to foster growth in the robotics industry [1]

Core Viewpoint - The report from China Merchants Securities highlights the significant advancements in robotics showcased during the Spring Festival Gala, indicating a strong governmental push towards the development of humanoid robots and related technologies this year [1][2]. Group 1: Industry Trends - Multiple robotics companies made a prominent appearance at the Spring Festival Gala, showcasing enhanced motion control and autonomy capabilities [1]. - The event reflects a shift in national policy towards supporting the humanoid robotics industry, similar to the initial phase of the new energy vehicle industry [1]. - The number of robots participating in the gala increased significantly compared to previous years, indicating a growing emphasis on robotics in national strategy [1]. Group 2: Company Focus - Key companies to watch in the robotics sector include UBTECH (09880), Yujian (02432), Geek+ (02590), and Minth Group (00425), along with firms in the broader robotics field such as Hesai (02525), SUTENG (02498), and Horizon Robotics (09660) [1]. - The report notes that the technical difficulty of the robot performances this year was higher than in previous years, with improved group control capabilities and zero-error execution [2]. - For instance, Yushun's robots demonstrated a 5 to 10 times increase in agility compared to last year, laying the groundwork for future service-oriented robots [2].

Group 1 - The robotics sector in the Hong Kong stock market has shown strong performance, with the robotics concept index rising by 1.76% as of the midday session on February 23 [1][2] - Notable stocks in the sector include ASMPT, which increased by 5.27%, and Huahong Semiconductor, which rose by 4.83% [1][2] - The previous trading day saw significant gains in robotics stocks, with Yujian closing up 21.4% and Sutech rising by 9.24% [3] Group 2 - The surge in the robotics sector is attributed to the prominent display of robots during the 2026 CCTV Spring Festival Gala, where several domestic robotics companies showcased their products [3][4] - The performances included advanced robotic capabilities, such as the first-ever robot Airflare and synchronized speech and facial movements [4] - The event has been interpreted as a significant step for the industry, moving from experimental phases to mainstream visibility, thus accelerating commercialization expectations [4] Group 3 - The Spring Festival Gala has led to a dramatic increase in robot product sales on e-commerce platforms, with Douyin reporting a 1680% year-on-year increase in GMV for robot products [5] - JD.com also experienced a surge in robot-related searches and orders, with a 300% increase in search volume and a 150% increase in order volume within two hours of the gala's broadcast [5] - The robotics industry is seeing positive developments, with companies like Sutech forecasting a net profit of at least 60 million RMB for Q4 2025, marking a new phase in their business development [5] Group 4 - Analysts from Guohai Securities highlight that the wave of electrification and intelligence in robotics is expected to open up broader market opportunities, suggesting a significant investment opportunity in the humanoid robotics sector [6] - Dongwu Securities notes that Tesla's Optimus is on track for mass production in 2026, indicating a narrowing supply chain focus on key components [6] - The report emphasizes the importance of technological iteration and cost reduction in the robotics sector, with specific attention to advancements in dexterous hands and lightweight materials [6]

Core Viewpoint - SUTENG JUCHUANG (02498.HK), the first listed company in the lidar sector, experienced a significant stock price increase, closing at 37.58 HKD per share, with a market capitalization of 17.745 billion HKD following a positive earnings forecast [1][4]. Financial Performance - The company anticipates achieving its first quarterly profit in Q4 2025, with expected earnings of no less than 60 million CNY, surpassing previous breakeven expectations [4]. - For the fiscal year 2025, the net loss is projected to narrow to no more than 180 million CNY, a substantial improvement from the 482 million CNY loss in 2024 [7]. Sales and Market Position - In Q4 2025, SUTENG JUCHUANG expects to sell 459,600 units of lidar, with 221,200 units (approximately 48%) coming from the robotics sector, establishing dual engines for revenue growth alongside ADAS [7]. - The company achieved a remarkable 11-fold year-on-year increase in lidar sales in the robotics sector, securing the top position in global sales [7][8]. Technological Advancements - The growth is supported by a fully self-developed chip architecture, which enhances reliability, cost-effectiveness, and scalability in product delivery [7]. - The company plans to continue increasing R&D investments to innovate in chip and algorithm technologies, expanding its global customer base and application scenarios [8]. Industry Outlook - The lidar market is expected to expand as the penetration of smart driving and the industrialization of humanoid and service robots accelerate [8]. - SUTENG JUCHUANG's leading position in the robotics sector, combined with stable vehicle-mounted business, enhances future growth certainty [8].

Core Viewpoint - Robosense Technology Co., Ltd. (速腾聚创) is expected to achieve its first quarterly profit in Q4 2025, with a profit of no less than 60 million RMB, marking a significant improvement from previous loss expectations [2][9]. Financial Performance - The company anticipates a substantial reduction in net loss for the fiscal year 2025, projecting it to be no more than 180 million RMB, compared to 481.8 million RMB in 2024 [6][9]. - The expected improvement in net loss is attributed to the continuous growth in LiDAR product sales and fair value gains from financial assets [6][9]. Sales and Market Position - In Q4 2025, the total sales of LiDAR units are projected to reach 459,600, with 221,200 units sold in the robotics sector, accounting for nearly 50% of total sales [10]. - The company has achieved a remarkable increase in sales within the robotics sector, with over 303,000 units sold, representing a year-on-year growth of over 1100%, securing the top position in the global robotics LiDAR market [10]. Technological Advancements - The company has developed a self-researched chip architecture that supports its growth, enabling the launch of high-performance LiDAR products across various applications, including smart vehicles and service robots [10][11]. - The self-developed chip solution has allowed the company to rapidly scale production while improving gross margins [10]. Industry Outlook - The LiDAR industry is expected to continue expanding due to increased penetration of smart driving technologies and the acceleration of humanoid and service robot commercialization [11]. - The company plans to increase R&D investment and deepen innovations in chip and algorithm technologies, aiming to solidify its leading position in the global LiDAR market [11].

Core Viewpoint - The Hong Kong stock market has seen a significant surge in AI application stocks, with notable increases in share prices and market capitalizations for several companies [1]. Group 1: Company Performance - Zhizhu (智谱) experienced a remarkable increase of 42.72%, reaching a peak price of 725 HKD, with a total market capitalization surpassing 320 billion HKD [2]. - MINIMAX-WP saw a rise of 14.52%, with its market value also exceeding 300 billion HKD [2]. - Haizhi Technology Group (海致科技集团) surged over 28%, achieving a new high since its listing [1]. Group 2: Year-to-Date Performance - Zhizhu's year-to-date increase stands at 523.92% [2]. - Haizhi Technology Group has recorded a year-to-date rise of 469.48% [2]. - MINIMAX-WP's year-to-date performance shows an increase of 487.88% [2].