Core Viewpoint - The company, Jingji Zhino (000048.SZ), has committed to an annual revenue growth rate of no less than 30% for Huibo Robotics from 2026 to 2028, supported by solid business foundations and growth potential in various sectors [1] Group 1: Education Equipment Sector - Huibo Robotics has partnered with nearly 2,000 educational institutions, establishing a virtuous cycle of "industry empowering education and education feeding back into industry" [1] - The company is actively introducing embodied intelligence technology as a new growth point, particularly in the context of national support for vocational skills education [1] - There is potential for continued growth in both domestic and international markets, especially along the "Belt and Road" initiative [1] Group 2: New Energy Intelligent Operation and Maintenance Sector - The company adopts a forward-looking "product + operation and maintenance service" model, focusing on photovoltaic power station scenarios [2] - Collaborations with industry leaders such as Southern Power Grid, China National Nuclear Corporation, and others have led to the development of reliable and cost-effective modular photovoltaic cleaning robots and intelligent operation systems [2] - A recent successful bid for a nearly 100 million yuan order from China Energy Construction indicates strong market validation and potential for rapid revenue growth [2] Group 3: Emerging Scene Expansion - The company leverages its core technology of "robot + embodied intelligence" to focus on high-value, practical application scenarios [2] - The development of waterproof, dustproof, and corrosion-resistant core components aims to facilitate the deployment of embodied intelligent robots in complex environments [2] - The company is exploring commercial applications in pig farming, hotels, and property management, which will drive industry upgrades towards intelligence and science [2] - Ongoing product development and order fulfillment are planned, with a new generation of products set to be released [2] - The collaboration between Jingji Zhino and Huibo Robotics will accelerate the establishment of an embodied robotics research institute, focusing on core technology development and transformation [2]

Group 1: Investment Strategy - The company plans to acquire control of Huibo Robotics through a combination of capital increase, share transfer, and board representation [3] - This acquisition aligns with the company's core development strategy of "stable main business + technology empowerment" [4] - The transaction is expected to position the company in the "robotics + artificial intelligence" sector, marking a new development pattern of "agriculture + technology" [4] Group 2: Huibo Robotics Overview - As of September 2025, Huibo Robotics has total assets of CNY 1.004 billion and net assets of CNY 317 million [3] - The company has a strong core team with extensive experience in robotics and intelligent manufacturing, achieving significant innovations and national honors [5] - Huibo Robotics has established a comprehensive core technology system, including a production capacity of 30,000 integrated joints annually [5] Group 3: Market Applications and Growth Potential - Huibo Robotics' products are primarily used in four sectors: education, energy inspection, intelligent manufacturing, and commercial interaction [8] - The company commits to an annual revenue growth rate of no less than 30% from 2026 to 2028, supported by solid business layouts and growth potential [9] - In the education sector, Huibo has partnered with nearly 2,000 schools, creating a beneficial cycle between industry and education [9] Group 4: Future Business Development - The company is focusing on the renewable energy sector, developing modular photovoltaic cleaning robots and intelligent operation systems, with a recent contract worth nearly CNY 100 million [10] - Plans to explore new application scenarios in pig farming, hospitality, and property management, leveraging core technology features [10] - The collaboration with Huibo Robotics aims to accelerate the establishment of a robotics research institute, enhancing technology development and commercialization [10]