BR-robot(SH:688218) Zheng Quan Zhi Xing·2025-07-21 10:23Group 1 - The core issue revolves around the financial performance of Jiangsu Beiren Intelligent Manufacturing Technology Co., Ltd., particularly in its energy storage business, which saw a significant revenue increase but a substantial decline in gross margin [2][3] - The energy storage business reported revenues of 11.79 million yuan and 87.72 million yuan for the respective years, reflecting a year-on-year growth of 643.99% [2] - The gross margin for the energy storage business decreased from 34.62% to 8.83%, a drop of 25.79 percentage points, indicating challenges in maintaining profitability despite revenue growth [2] Group 2 - The company is required to clarify its energy storage business model, including details on the top five customers, their relationships, sales content, sales amounts, gross margins, settlement methods, and revenue recognition policies [3] - The company must also provide information on customers from whom it has withdrawn, including contract dates, sales revenue, accounts receivable amounts, and reasons for not recognizing bad debts for these customers [3] - An analysis is needed to explain the reasons behind the energy storage business not meeting expectations, particularly the rationale for the significant revenue growth alongside the drastic decline in gross margin [3]