Core Viewpoint - The company emphasizes its leadership in the robotics sector, but its stock performance has lagged behind the industry index due to various market factors rather than solely its product technology or customer applications [2]. Company Summary - The company's stock price fluctuations are influenced by market environment, capital preferences, and industry expectations, which do not directly correlate with its business fundamentals [2]. - The core competitive advantage lies in the high reliability, high tolerance, anti-interference, and long lifespan technology accumulated in the industrial-grade precision connector field [2]. - The company has established partnerships with several leading domestic and international clients, and its product quality has passed rigorous validation [2]. Industry Summary - The humanoid robotics industry is still in the early stages of technological iteration and commercialization, with no large-scale demand currently established [2]. - The related business segment contributes a small proportion to the company's overall revenue [2]. - The company plans to deepen technological collaboration, accelerate scenario implementation, and enhance customer integration, encouraging investors to focus on the long-term development logic of the industry and the company's proven technology conversion capabilities [2].