Core Viewpoint - Xinbo Co., Ltd. (stock code: 003038) is currently supplying components such as front cabin reinforcement assemblies and front collision beams to leading flying car companies, with mass production expected to begin by the end of Q1 next year [1] Group 1 - The company is in the sample delivery stage for its products related to flying cars [1] - The company is actively developing clients in the flying car sector and is focused on lightweight product applications in the low-altitude economy [1]

Group 1: Industry Insights - The photovoltaic industry is experiencing significant price declines due to supply-demand imbalances and capacity mismatches, leading to widespread losses [2] - There are signs of price recovery in the supply chain, indicating a potential return to orderly development and sustained demand growth in the photovoltaic sector [2] - The company aims to enhance its market position through differentiated products and cost control measures to achieve high-quality development [2] Group 2: Robotics Development - The company has established Anhui Ruibo Intelligent Robotics Co., Ltd. to focus on the development of robotic components [3] - It has completed design drawings for these components and is in the process of mold opening, having signed confidentiality agreements with leading robotics companies for joint development [3] - A diversified development strategy is in place, including collaboration with research platforms to foster "new energy + new technology" synergy [3] Group 3: Low-altitude Economy - The company is supplying components for leading flying car manufacturers, currently in the sample delivery phase, with large-scale production expected by the end of Q1 2026 [4] - Active development of lightweight products for the low-altitude economy is underway [4] Group 4: Composite Materials - Anhui Xinzhi Nuo New Materials Co., Ltd. has been established to explore new market opportunities in the photovoltaic and new energy vehicle sectors [5] - The company has submitted two patent applications related to composite materials, highlighting its R&D capabilities [5] Group 5: Malaysia Factory Capacity - The Malaysia facility is designed with a total capacity of 100,000 tons, including 60,000 tons for photovoltaic aluminum frames and 40,000 tons for automotive components [6] - The photovoltaic aluminum frame project is expected to commence production by the end of November 2025, with significant profitability anticipated due to higher processing fees compared to domestic operations [6] - The overseas sales team is being established to develop high-quality foreign clients [6] Group 6: Shareholding Status - As of now, the company's shareholding platform has not conducted any reductions [7]