Ningbo Huaxiang: Subsidiary receives robot joint order, will supply goods in the next two years.

Ningbo Huaxiang announced that its subsidiary, Huaxiang Qiyuan, signed a "Robot Joint Production Contract" with a leading domestic robot joint manufacturer on December 23, 2025. Over the next two years, Huaxiang Qiyuan will produce some robot joint products for them. This cooperation will help Huaxiang Qiyuan in creating a matrix of intelligent robot components and drive the implementation of their emerging industry strategy. Although it will not have a significant impact on the current year's operational performance, once mass production begins in January 2026, it will have a positive impact on future operational performance.