OLYMPIC(SH:603920) Ge Long Hui·2025-11-06 11:06Core Viewpoint - The company has established a strong partnership with T customer, which has become its largest automotive terminal client since 2019, supplying PCB products related to autonomous driving [1] Group 1: Automotive Sector - T customer's automotive delivery volume has returned to a growth trajectory, reaching a historical high, which is expected to further increase market share as its autonomous taxi moves from pilot to mass production [1] - The growth of T customer's automotive business will directly drive the demand for the company's PCBs [1] Group 2: Humanoid Robotics Sector - The company has been collaborating with a leading North American client in humanoid robotics for over five years, focusing on key PCB products for core control modules and drive systems [2] - The company has developed a full-process technical capability from customized design to performance optimization, completing three product iterations with improvements in signal transmission stability and anti-interference [2] - The company has reached a cooperation intention for mass production product supply and is preparing for key steps, including reserving dedicated production line capacity and completing supply chain coordination [2] - In the domestic market, the company has partnered with three leading humanoid robotics enterprises, with one project entering small batch supply and another in the late stage of sample verification [2] - The company plans to increase R&D investment in humanoid robotics PCBs, focusing on breakthroughs in high-density interconnection and lightweight substrate applications [2]