SWANCOR (688585.SH) has issued a statement noting that, since July 2025, there has been a notable cumulative surge in the company's stock price, a trend that markedly diverges from its underlying fundamentals. The company's embodied intelligent robot business is centered around personal and family use cases, deliberately steering clear of the industrial and commercial markets. Presently, this business segment is firmly entrenched in the product development phase, with no large-scale production or sales operations underway, and consequently, no revenue or profits have been realized.

Continued advancement of this business will necessitate significant investment, and it is not projected to yield a positive effect on the company's 2025 annual financial performance. As of now, the business has only succeeded in producing prototypes and is in the nascent stages of market promotion. The path from initiating new product research and development to achieving large-scale mass production is fraught with a lengthy cycle and a rigorous verification process. Therefore, it remains impossible to accurately forecast the impact on revenue and profitability for the year 2026.