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Hengshuai Co., Ltd. has announced that the trading price of its convertible bonds has undergone abnormal fluctuations for two consecutive days. Addressing the market's heightened interest in the trending topics of humanoid robot motors and ADAS sensor cleaning systems, the company clarified that it is indeed actively exploring humanoid robot-related applications, but has yet to secure any orders. While the ADAS cleaning system has garnered some customer-designated projects, the direct revenue contribution from these projects is minimal, with the revenue from related products anticipated to comprise no more than 1% of the company's total revenue in 2024. Hengshuai Co., Ltd. cautions investors about the unpredictability of downstream market demand for emerging products and urges them to be mindful of the associated investment risks.
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