Core Viewpoint - The establishment of a joint venture by the company aims to leverage its leading position in the robot intelligence business within the hotel sector to further expand its applications in innovative scenarios [1] Group 1: Joint Venture Details - The company signed a joint venture agreement on December 11, 2025, with several partners, contributing a total of RMB 10 million, with the company investing RMB 7.6 million [1] - The joint venture will become a non-wholly owned subsidiary of the company [1] Group 2: Strategic Focus - The joint venture will focus on the synergy between robot hardware and intelligent technology, developing robot intelligence solutions for innovative scenarios [1] - The company aims to accelerate the commercialization of related technologies and products by leveraging its existing technological accumulation, customer resources, and market network [1] Group 3: Business Growth and Innovation - The company will continue to strengthen its core business represented by robot hardware and intelligent applications, supporting overall performance growth and financial stability [1] - The board believes that the joint venture will enhance the application innovation and business expansion of robot intelligence technology, further increasing synergy with existing operations and expanding market opportunities [1]