Core Viewpoint - The company has established a dedicated team to collaborate with DeepMind on product development and application expansion [1] Group 1 - The research and design of the Fellow 1 chip has been largely completed [1] - Sample delivery is expected to begin in October this year, with further optimizations based on testing results [1] - The company anticipates that the chip will enter mass production in the first quarter of next year [1]

Core Insights - The company has established a special team stationed at Shenming Aosi to collaborate on product development and application expansion [1] Group 1 - The research and design of the Fellow 1 chip has been largely completed [1] - Sample delivery is expected to begin in October this year, with further optimizations based on testing results [1] - Mass production is anticipated in the first quarter of next year [1]

Group 1: Company Overview and Performance - The company secretary, Li Bin, introduced the company's history, development strategy, and main business operations, along with a report on the performance for the first half of 2025 [2] - The company's net profit significantly increased due to optimized sales structure, particularly in high-margin sensor and digital information control equipment, achieving revenue of 1.96 billion yuan, a 65.61% increase compared to the same period last year [2] - The gross margin for this high-margin business is 56.54%, contributing to the notable net profit growth [2] Group 2: Research and Development - The company invested a total of 23.83 million yuan in R&D in the first half of 2025, reflecting a 7.63% increase from the previous year [2] - A dedicated team has been established to collaborate with Shenming Aosi, focusing on joint research and development, with chip design expected to be completed soon [2] - The company is currently in discussions with Zhejiang University regarding the development of embodied intelligence technologies, still in the feasibility study phase with no specific products yet [2]

Core Insights - The development of the Fellow 1 chip by the company is nearing completion, with sample testing expected to begin in October 2023 [2] - A specialized team has been established to collaborate with DeepMind on product applications, with initial testing and feedback from robotics and automotive manufacturers anticipated to start in October [2] - The Fellow 1 chip is projected to enter the tape-out phase in Q1 2026, with the first chips expected to return in Q2 2026 [2] Collaboration Details - In July 2023, the company signed an exclusive sales and cooperation contract with DeepMind, granting the company global rights to produce and sell boards based on the Fellow 1 chip for a period of five years [3] - DeepMind will provide technical support for the collaboration, including software code and hardware design source code related to the Fellow 1 chip [3] Strategic Rationale - DeepMind's chairman highlighted the company's strong profitability, high gross margins, and willingness to collaborate as key reasons for the partnership [2] - The company’s automotive-grade certification and sufficient PCBA capacity are expected to facilitate a smooth collaboration process [2]

Core Viewpoint - Wantech Intelligent Control Technology Co., Ltd. has signed an exclusive authorization agreement with Shanghai Shenming Aosi Semiconductor Technology Co., Ltd. to manufacture and sell boards based on the Fellow 1 chip globally for a period of five years [1] Group 1: Partnership Details - The collaboration involves procurement of chips and sharing of customer coding systems [1] - Shenming Aosi will provide technical support and training to Wantech Intelligent Control [1] Group 2: Business Impact - This partnership is expected to accelerate product deployment in the field of embodied intelligence [1] - Wantech anticipates a positive impact on its operations as a result of this collaboration [1]