Xinhongye: The company's robot cables are mass-produced and stably supplied by its wholly-owned subsidiary, Wuxi Yifan Zhilian Technology Co., Ltd.

Securities Star News, Xin Hongye (301310) responded to investor questions on the investor relations platform on February 24.

Investor: Hello, the company has mentioned that it has already mass-produced cable products for robots (including humanoid robots) and is in the supply stage. Please specify which factory’s production line is making these products and whether there are ongoing orders. Since mass production and sales can be achieved through technical upgrades to utilize idle production lines, why is there still a need to raise funds for new construction? Also, could you update us on the current production and sales situation at the Zhuzhou factory, such as which railway transit groups or engineering machinery groups have placed orders? If based on output value, can the production start-up time be shortened from 5 years to within 3 years?

Xin Hongye Secretary: Dear investor, hello! 1. The company’s robot cables are mass-produced and supplied stably by its wholly-owned subsidiary, Wuxi Yifan Zhilian Technology Co., Ltd., which has established ongoing cooperation with downstream high-quality clients. For specific clients and orders, please refer to the company’s announcements. 2. The company’s existing capacity is reasonably allocated and efficiently operated based on actual market demand to ensure delivery timeliness and reduce operating costs. This is a prudent business decision based on market needs. Going forward, capacity layout will be dynamically optimized according to market principles. 3. The company is actively expanding the market and has already secured orders from relevant railway transit groups. The Zhuzhou factory is operated by its wholly-owned subsidiary, Xin Hongye Technology (Hunan) Co., Ltd., with orderly progress in production and sales. The company is taking multiple measures to accelerate capacity release and strives to reasonably shorten the start-up cycle. Please refer to the company’s announcements for specific progress. The company will strictly fulfill its information disclosure obligations in accordance with regulatory requirements. Thank you for your attention!

The above content is compiled from publicly available information by Securities Star, generated by AI algorithm (Wenxin Calculation Backup No. 310104345710301240019), and does not constitute investment advice.