Shanghai Yanpu: Explaining the reasons for the mismatch between revenue growth and profits, as well as the progress of the robotics business

Shanghai Yanpu announced that on November 3rd, it will hold a performance briefing for the third quarter of 2025, with Chairman Zhou Jianqing and others attending to respond to investor questions. Regarding the mismatch between revenue growth and profit performance, the company explained that the revenue increase this quarter was due to the mass production of certain key projects, the peak season for automobile sales, and the expansion of container business. However, the low gross margin of the container business has dragged down the overall gross margin, and the new model's production is in the capacity ramp-up phase, increasing short-term costs while revenue has not been fully released. In addition, the robotics business is based on core components of humanoid robots and is independently operated by the holding subsidiary Shanghai Xinatech, which is currently progressing steadily, with further developments to be disclosed in accordance with regulations