（编辑 袁冠琳） 证券日报网讯 2月24日，运达科技在互动平台回答投资者提问时表示，公司参股企业扬斯科技的L4级自 动驾驶物流机器人的研发与量产工作正按既定规划推进。该新业务发展受技术、市场、供应商、客户等 多重因素影响，业务进展存在不确定性，短期不会对公司业绩产生直接影响。请投资者注意风险，具体 进展请以公司公开披露信息为准。 ...

Core Viewpoint - Company is exploring new business directions in smart transportation beyond rail transit, particularly through its stake in Yangsi Technology, focusing on autonomous driving solutions [2] Group 1: Business Development - Company holds a 40% stake in Yangsi Technology, which is involved in the development and production of L4 level autonomous driving logistics robots and solutions for autonomous truck logistics [2] - The logistics robots have achieved deliveries in the hundreds, while the autonomous truck logistics solutions are in the early stages of verification, assessment, and development [2] Group 2: Market Considerations - New business developments are subject to uncertainties influenced by technological iterations, regulatory policies, and market competition [2] - Short-term contributions to the company's performance from these new business layouts are not expected [2]

Group 1 - The core viewpoint of the article is that Yunda Technology (300440.SZ) is involved in the research and production of L4 level autonomous driving logistics robots and solutions for trunk logistics with autonomous trucks [1] Group 2 - The company has a stake in Yangsi Technology, which focuses on the development of advanced autonomous driving technologies [1]

Group 1 - The core focus of the news is on the involvement of Yangsi Technology, a subsidiary of Yunda Technology, in the development and production of L4 level autonomous driving logistics robots and solutions for autonomous truck trunk logistics [2] - Yunda Technology confirmed its participation in the autonomous driving sector through its investment in Yangsi Technology, highlighting the company's commitment to advancing logistics technology [2] - The inquiry from investors reflects growing interest in the autonomous driving business and its potential applications in logistics [2]

Core Viewpoint - Chengdu Yunda Technology Co., Ltd. held an online performance briefing on September 12, where key executives addressed investor inquiries regarding business performance and future strategies [1] Group 1: Performance Expectations and Business Planning - The company anticipates leveraging the growth momentum from the first half of the year to focus on executing its operational strategies, with final performance results to be confirmed in periodic reports [2] - In the robotics sector, the company has developed core robotic products for multiple rail transit scenarios and has a 40% stake in Yangsi (Chengdu) Technology Co., Ltd., which has mass-produced L4 level autonomous logistics robots [2] - The company plans to focus on the "big transportation" sector, collaborating with Yangsi Technology to advance the development of autonomous truck convoy technology and explore commercialization scenarios [2] Group 2: R&D and Business Growth Strategy - R&D expenses decreased by 17.44% due to proactive structural optimization based on project cycles, allowing the company to concentrate resources on key technologies and upcoming commercial projects [3] - The intelligent operation and maintenance business experienced a revenue growth of 63.98%, with plans to deepen industry penetration, expand new application scenarios, and enhance ecosystem cooperation to solidify market advantages [3] - The company reported a revenue growth of 23.65% and a net profit growth of 13.65%, attributing variations in gross margin and net profit to the product mix, and aims to enhance operational excellence to improve net profit growth [3] Group 3: Accounts Receivable and Associate Company Situation - The company's accounts receivable at the end of the period amounted to 934 million yuan, representing a significant proportion of total assets, with measures in place to reduce bad debt risks [4] - Yangsi Technology is focused on the autonomous logistics sector, having mass-produced L4 level logistics robots and is jointly developing highway truck convoy technology to explore commercial scenarios [4]

Group 1: Financial Performance - The company reported a revenue growth of 23.65% and a net profit growth of 13.65% in the mid-2025 report [4] - The company's smart operation business revenue increased by 5.63% [3] - R&D expenses decreased by 4.17%, indicating a structural optimization rather than a reduction in investment intensity [3] Group 2: Strategic Initiatives - The company is focusing on the "big transportation" sector, collaborating with a 40% stake in Yangsi Technology to develop autonomous driving truck platooning technology [3] - Yangsi Technology has begun mass production of L4 level autonomous logistics robots and is exploring commercial scenarios in highway and railway logistics parks [4] - The company signed a strategic cooperation agreement with Shudao Smart Transportation Group to develop "Chuan-Yu Autonomous Driving Mainline Logistics" [3] Group 3: Accounts Receivable Management - The year-end balance of accounts receivable decreased by 4.4% year-on-year, while revenue grew by 23.65% [4] - The company implements measures to improve accounts receivable collection, including strengthening customer credit management and establishing effective collection plans [4] - The company aims to reduce bad debt risk through legal means for overdue accounts and incentivizing sales personnel to enhance collection efforts [4]