Company Overview - Wanma Technology Co., Ltd. was established in 1997 and listed on the Shenzhen Stock Exchange in 2017 [2] - The company operates in two main business segments: communication and vehicle networking [2] - As of the end of 2024, the communication segment accounted for 47.54% of total revenue, while the vehicle networking segment accounted for 45.52% [2] Product Solutions - The company has launched two major solutions: "Lanhai" global vehicle networking ONE SIM and "Aoyun" end-to-end autonomous driving data closed-loop toolchain [2] - The Robotaxi comprehensive solution integrates innovative approaches in the vehicle networking field, serving major automotive manufacturers and operators [2] Market Position and Partnerships - Wanma Technology has established long-term partnerships with leading domestic automotive companies such as Geely, SAIC, and Li Auto [2] - The company is actively building an ecosystem for automotive companies expanding overseas, resulting in significant growth in international business [2] Industry Trends - The rapid development of Robotaxi and Robovan is driven by technological advancements and cost reductions [3] - The industry is in a fast-growing early stage, with a notable increase in the number of connected vehicles [3] Network Service Advantages - The company is the largest third-party connection management service provider in China, with over 14 million vehicles under intelligent connection management [4] - The ONE SIM technology addresses global deployment challenges for automotive manufacturers and Robotaxi operators, enhancing operational safety and user experience [4] International Expansion - Wanma Technology has established branches in countries such as Hong Kong, UAE, Saudi Arabia, Brazil, and the UK to support compliance operations [4] - The company maintains close communication and business cooperation with major global operators to facilitate the deployment of vehicle networking solutions [4]