Group 1 - The core of the collaboration is to leverage "robotics + automotive" as an entry point to promote the application of robotics technology in automotive research, manufacturing, smart transportation, and mobility services [1][2] - The parties involved will establish a priority procurement mechanism to enhance upstream and downstream collaboration, ensuring rapid market conversion of technological achievements into commercial products [2] - The strategic partnership aims to create a comprehensive iterative and application ecosystem by combining the technological advantages of domestic robotics companies and the collaboration resources of the robotics company with hundreds of upstream and downstream quality enterprises [2] Group 2 - The collaboration will expand into broader fields, gradually constructing a "robotics +" application matrix with demonstrative effects, accelerating the large-scale development of the industry [2] - The long-term strategic cooperation will focus on building a full-chain cooperation mechanism from technology validation to commercialization, enhancing the efficiency and stability of the industrial chain [1][2] - The involved companies will work together on technological innovation, joint research and development, talent cultivation, and exploring industrial cooperation [1]

Group 1: Company Overview - Altec Automotive Technology Co., Ltd. is the largest independent automotive design company in Asia and the only automotive design company listed on the A-share market, showcasing strong scarcity [2] - The company has over 20 years of industry experience, accumulating rich project experience and core technological barriers, having developed nearly 500 vehicle models for over 80 clients [2][3] Group 2: Business Segments - The company has established multiple business segments in the components field, including power systems, automotive electronics, and high-voltage electrical systems [3] - In the power system sector, the company has initiated mass production delivery for its electromagnetic clutch project and is set to deliver other products like electric drive assemblies and hybrid transmission systems [7] Group 3: International Expansion - In 2023, the company launched a "technology + supply chain" overseas strategy, establishing seven R&D centers globally, focusing on markets in Japan, Southeast Asia, and the Middle East [3] - The company has signed a business order with YAMATO in Japan for the electrification of diesel light trucks, with the first batch of 103 sets delivered in April 2025 [9] Group 4: AI and Robotics Integration - The company has integrated AI capabilities into its design business, applying new technologies like AI models and digital R&D tools across various development processes [4] - A subsidiary, Alrite, was established in May 2025 to focus on the robotics sector, aiming to address industry pain points through a targeted approach [4] Group 5: Client Relationships and Market Strategy - The company maintains deep cooperation with over 80 clients, including major automotive manufacturers like Honda, Nissan, and Toyota, while actively exploring new clients and overseas markets [5][6] - The company aims to achieve a revenue growth rate of no less than 40% in 2025 compared to 2024, driven by various business developments [10] Group 6: Financial Outlook and Challenges - The company anticipates a significant profit decline in 2024 due to intense price competition in the domestic automotive industry, high R&D investments, and provisions for credit and asset impairments [10] - Despite challenges, the company has a robust order backlog and is focused on stabilizing and growing its business across various segments [10]