Group 1: Company Performance and Strategy - The company has upgraded its precision machining processes, improving product performance and reducing costs, which enhances profitability [2] - Core customer relationships remain stable, with normal order fulfillment [2] - The company is optimistic about the commercial aerospace business, having achieved bulk deliveries of rocket components [3] Group 2: Industry Outlook - The company sees long-term growth potential in the robotics industry, with a focus on humanoid robots and diversification into legal service robots [3] - The company is actively expanding its customer base and exploring new applications in the robotics sector [4] Group 3: Product Offerings and Advantages - In the automotive parts manufacturing sector, the company boasts advantages such as quality customer resources, technical expertise, and strong quality control [3] - The company provides various fastening components and high-precision machining products for humanoid robots, with some small batch orders already secured [4] Group 4: Shareholder Information - As of September 10, 2025, the company has 22,879 shareholders [4] Group 5: Communication and Disclosure - The company ensures transparent communication with investors, adhering to its information disclosure management system to prevent any significant undisclosed information leaks [4]

Group 1: Automotive Business Overview - The company focuses on the development, production, and sales of high-strength precision fasteners and special connectors, primarily used in automotive key components such as turbocharging systems and exhaust systems [2] - In the field of new energy vehicles, the company's fasteners are applied to battery trays, chassis, and electric control inverters, among others [2] Group 2: Commercial Aerospace Business - The company has completed production line construction for commercial rocket structural components, with major clients including Blue Arrow Aerospace and Tianbing Technology [2] - The company has delivered products such as fairings and shell segments in bulk to customers [2] Group 3: Fastener Product Value in New Energy Vehicles - The value of fasteners in new energy vehicles is expected to increase due to the addition of components like electric control and battery systems, despite a reduction in turbocharger-related fasteners [3] - The domestic demand for high-end fasteners is rising due to the emergence of local OEMs [3] Group 4: Competitive Landscape - The automotive fastener industry has a low entry barrier, with many small to medium-sized enterprises; however, only large manufacturers can pass the qualification audits of major OEMs [3] - The market share is increasingly concentrating among leading companies [3] Group 5: Company Advantages - The company maintains competitive advantages through quality customer resources, technical expertise, quality control, stable production capacity, and better customer service [3] - The combination of metal and plastic components aligns with automotive lightweighting demands [3] Group 6: Production Capacity and Future Growth - The company has completed its automotive parts production capacity layout across multiple bases, meeting future demand for the next three to five years [3] - Future growth will be driven by expanding exports, developing new customers, and increasing product categories [3] Group 7: Profit Margin Trends - The company's gross margin has declined due to factors such as slowing industry growth, rising material costs, and increased depreciation from new projects [4] - The Wuxi project is expected to achieve profitability in 2024, which will help restore margins [4] Group 8: Expansion into New Markets - The company is exploring opportunities in humanoid robotics and has received small batch orders for fasteners and precision machining products [5] - In the commercial aerospace sector, the company has secured bulk orders from several leading domestic clients [5] Group 9: Commercial Rocket Product Value - The structural components of a commercial rocket account for approximately 25% of the total cost, with the company's products valued at around 10 million for current offerings [5] - Future production of fuel storage tanks could increase the value of structural components to between 25 million and 30 million [5] Group 10: Flying Car Sector - The company is expanding its fastener products for the flying car sector, although this business currently has a low revenue impact [7]

Group 1: Commercial Aerospace Business - The company has made significant progress in the commercial aerospace sector, focusing on manufacturing rocket structural components, including major segments like shell segments, fairings, fuel tanks, and engine valves [2] - The production capacity for commercial aerospace is set at 10 rockets per year, with a high utilization rate and sufficient orders on hand [2] - The estimated value of structural components for a single commercial rocket is approximately $15 million, which could increase to $25-30 million after the completion of the fuel tank production line [3] Group 2: Competitive Advantages - The company possesses a talent advantage with a dedicated team experienced in the commercial aerospace field [3] - Financial strength allows the company to invest in equipment and production line construction based on market conditions [3] Group 3: Automotive Business Overview - The company specializes in high-strength precision fasteners and irregular connectors, primarily used in automotive engine turbocharging systems and other critical components [3] - Future growth points in the automotive sector include expanding exports and developing new customers, such as NIO and BYD [4] Group 4: Plastic Parts and Robotics - The rapid growth in the plastic parts business is attributed to the expansion into the automotive sector and the demand for lightweight materials [4] - The humanoid robotics business is a key direction, with initial small batch orders received, although large-scale orders are not yet achieved [4]