Group 1: Company Overview and Collaboration - WanTong Intelligent Control has established an exclusive agency partnership with DeepMind Semiconductor Technology Co., Ltd. for embodied intelligent model domain control boards [1] - DeepMind's Chairman, Zhang Qiang, provided insights into the company's status and project progress during the investor relations activity [1] Group 2: Market Insights and Product Development - The inference chip market is projected to surpass the training chip market by 26-27% in the coming years, with faster growth expected thereafter [2] - DeepMind's future products will focus on large model integrated machines, edge servers, smart transportation, healthcare, and embodied intelligence [2] - The main advantages of edge models include privacy protection, low latency, and low power consumption, although suitable chips and domain control solutions are currently lacking [2] Group 3: Collaboration Dynamics - DeepMind will exclusively supply chips to WanTong in the embodied intelligence sector, with revenue and profits generated from domain control going to WanTong [2] - DeepMind chose to collaborate with WanTong due to its strong profitability, high gross margins, and robust production capacity [2] - The development of the Fellow 1 chip began in early 2025, with plans for tape-out in Q1 2026 and chip delivery in Q2 2026 [2] Group 4: Technical Specifications and Progress - DeepMind's chip products integrate multiple computing units, including 3 LPU, NPU, and CPU, representing a unified architecture [2] - The research and design of the chip has been largely completed, with sample delivery expected to start in October 2025 [2] - A dedicated team has been established to collaborate with DeepMind on product application development, with initial testing and feedback scheduled for October 2025 [2]

Summary of WanTong Intelligent Control Conference Call Company Overview - WanTong Intelligent Control specializes in sensors, valve stems, and metal hoses, with a significant focus on commercial vehicle tire pressure monitoring systems (TPMS) and new low power (NLP) products [2][3][4] Key Industry Insights - The company has seen significant growth in new products such as sensors and vehicle networking products (MLP), with a notable increase in orders for commercial vehicle NLP products, which have a gross margin of 60%-70% [2][5] - The domestic promotion of commercial vehicle TPMS is lagging behind passenger vehicles, but companies like SF Express and JD.com are beginning to adopt these systems [2][7] - The impact of the US-China trade war on exports is limited due to localized production bases in the US, Czech Republic, Germany, and Thailand, which allows for quick adaptation to local market needs [2][8] Financial Performance - WanTong Intelligent Control expects a profit growth target of 20%-30% annually over the next two to three years [2][8] - In Q1 2025, TPMS-related products saw a growth of 41%, surpassing the previous year's growth of 36% [9][10] - The metal hose business experienced a decline of approximately 10% in Q1 2025, with further analysis needed to understand the reasons [11] Product Development and Innovation - The NLP product is unique to WanTong Intelligent Control in China, allowing for external installation on commercial vehicle tires without disassembly, which is crucial for reducing labor costs in Western markets [5][6] - The company is collaborating with Zhejiang University on a robotics project, focusing on temperature and pressure sensors, electronic skin, and pneumatic muscles, with a research report expected to be completed soon [3][17] Market Dynamics - The adoption of TPMS in the domestic market follows a pattern where the US leads, followed by Europe, and then China, with commercial vehicles currently lacking mandatory standards [7] - The company is strategically focusing on the aftermarket for passenger vehicle TPMS, with 80%-90% of products sold overseas, primarily in the aftermarket due to better pricing and shorter payment cycles [10] Acquisition and Growth Strategy - The acquisition of Westphalia has been successful, with the company quickly achieving profitability due to its strong foundation and stable customer base, including major commercial vehicle manufacturers [12][14] - The European market has faced challenges due to external factors like the Russia-Ukraine conflict, impacting revenue but not significantly affecting profits [13] Future Outlook - WanTong Intelligent Control is optimistic about the growth of its TPMS products and the potential of its NLP technology in the commercial vehicle sector, with plans for long-term investment in robotics and AI applications [2][17]