Core Viewpoint - Ningbo Huaxiang (002048.SZ) has signed a contract with a leading domestic robot joint manufacturer to produce robot joint products over the next two years, which will enhance its competitive advantage in the smart robot components market [1] Group 1: Contract Details - The contract was signed on December 23, 2025, between Ningbo Huaxiang's subsidiary, Ningbo Huaxiang Qiyuan Technology Co., Ltd. (referred to as "Huaxiang Qiyuan"), and a major domestic robot joint manufacturer [1] - Huaxiang Qiyuan will manufacture certain robot joint products to meet the market demand of the client [1] Group 2: Strategic Implications - This collaboration is expected to help Huaxiang Qiyuan build a differentiated competitive advantage in its smart robot component product matrix [1] - The partnership lays a solid foundation for developing core joint components based on PEEK materials, promoting the rapid implementation of the company's emerging industry strategy [1] Group 3: Financial Impact - The current year's operating performance will not be significantly affected by this contract [1] - Starting from January 2026, the bulk supply to the client is anticipated to positively impact the company's future operating performance [1]

Core Viewpoint - Ningbo Huaxiang announced that its subsidiary Huaxiang Qiyuan signed a contract for the entrusted production of robot joints with a leading domestic robot joint manufacturer, which will enhance its product matrix in smart robot components and support the implementation of its emerging industry strategy [1] Group 1 - The contract is set to commence on December 23, 2025, and will involve Huaxiang Qiyuan producing certain robot joint products for the next two years [1] - The collaboration is expected to have a minimal impact on the company's operating performance for the current year, but will positively influence future performance starting from January 2026 when bulk supply begins [1]