Group 1: Robotics Components - The company's robotics components include robot motors, harmonic reducers, and planetary reducers, as well as joint modules [2] - The first phase aims to establish an annual production capacity of 100,000 joint modules, with production expected to start in May 2026 [2] - The estimated investment cost for the first phase of equipment is between RMB 20 million and 30 million, with some equipment shared with existing transmission product lines [3] Group 2: Market Development - The company is actively developing partnerships with domestic and international mainstream robot manufacturers, with two domestic clients currently testing prototypes and two others completing technical parameter alignment [4] - The company plans to enhance its market share in the robotics components sector by focusing on high-quality and low-cost products, aiming for mass production and entry into more mainstream clients by 2026 [5] Group 3: Automotive Transmission Business - The passenger vehicle transmission products include manual and automatic transmissions, EV reducers, and electric drive systems, with a focus on expanding into the Malaysian market as the first overseas base [6] - The commercial vehicle transmission segment is experiencing strong demand, with products like MT manual transmissions and AMT automatic transmissions being well-received in the market [7][8] Group 4: Agricultural Machinery Systems - The agricultural machinery transmission products include high-horsepower tractor CVTs and power-shifting systems, with the latter already in mass production and receiving 2,000 orders in Q1 2026 [8] - The company is leveraging its automotive industry expertise to enhance product performance and meet the growing demand for automated transmission systems in agriculture [8] Group 5: Incentive Measures - The company has established dedicated subsidiaries for its agricultural machinery and robotics components businesses, with business leaders holding 5% equity in their respective subsidiaries to incentivize performance [9]

Group 1: Robotics Components Business Progress - The company's robotics components include motors, harmonic reducers, planetary reducers, and joint modules [2] - Currently, the company is developing 11 products for 2 clients, including harmonic reducers and joint modules, with 3 models of planetary joint modules already manufactured [2] - The company is actively engaging in technical exchanges with multiple clients to expand its customer base [2] - Existing processing equipment and technology can meet the manufacturing needs for various processes, with new testing and processing equipment expected to be operational by March 2026 and in mass production by May 2026 [2] Group 2: Heavy-duty Truck Transmission Business Progress - The heavy-duty truck transmission products include MT manual transmissions, AMT automatic transmissions, hybrid systems, and pure electric drive systems [3] - The series of heavy-duty truck transmissions have been successfully launched in multiple models from major domestic truck manufacturers, showing strong market competitiveness and driving growth in production and sales [3] Group 3: Agricultural Machinery Transmission System Business Progress - The agricultural machinery transmission products include CVTs for high-horsepower tractors and power shifting/reversing systems for medium and large tractors [3] - The company leverages its accumulated technical and manufacturing advantages to achieve market-leading product performance, receiving high praise from clients [3] - The power shifting/reversing system for medium and large tractors is already in mass production, while the CVT for high-horsepower tractors is undergoing prototype testing [3] - Government subsidies for agricultural automation and increasing efficiency demands are expected to significantly boost market demand for automated transmission systems, alongside the company's efforts to develop international markets [3]