上纬新材(688585.SH)：公司具身智能机器人业务目前仍处于产品开发阶段

Core Viewpoint - The company has issued a risk warning regarding its embodied intelligent robot business, which is currently focused on product development for personal and household applications, and is not targeting the commercial sector [1] Group 1: Business Development - The embodied intelligent robot business is still in the product development stage and has not yet achieved mass production or scaled sales [1] - The related business has not generated any revenue or profit, and significant investment will be required moving forward [1] - The company does not expect this business to positively impact its performance in 2025 [1] Group 2: Product and Market Uncertainty - The current output consists of prototypes, and the company is in the early stages of product promotion [1] - There is a considerable timeline and validation process required before new product development can lead to mass production [1] - The success of product development, the timing of product launches, and market promotion are uncertain, with risks including slowed development progress, changing market conditions, intensified competition, and insufficient customer acquisition [1] Group 3: Future Revenue and Profitability - The company is unable to predict the impact of its embodied intelligent robot business on revenue and profitability for 2026 [1]