On May 20th, during its performance briefing, Fenda Technology disclosed that its new key clients in the smart wearables sector are mainly focusing on smart rings. These smart rings are projected to constitute 12% to 15% of the business within its smart wearables division, with sales volumes showing a consistent upward trend.
In the smart speaker segment, the newly acquired clients are primarily associated with Dolby Atmos home theater products. The estimated procurement values for these products are expected to range from RMB 130 million to 150 million.
Due to substantial adjustments in storage prices for certain overseas channel products, the company has taken proactive measures. It anticipates being fully prepared from the fourth quarter of 2025 to the first quarter of 2026. Subsequently, there will be a gradual increase in production volume, and normalized deliveries are set to commence from the second quarter of 2026.
The robotics business has emerged as a fresh growth engine for Fenda Technology. This business encompasses two major segments: emotional robots and humanoid robots, both of which are experiencing sustained business expansion. The company has made an indirect investment in Xinghaitu and a direct investment in Cyborg. Additionally, it is collaborating with leading domestic robotics enterprises to facilitate the mass manufacturing of humanoid robots.
Meanwhile, Fenda Technology is fully committed to the development of robotic joint motors, harmonic reducers, and control systems, aiming to accelerate the mass production of joint modules. Currently, the project focused on core robotic joint components is in the stage of equipment procurement and production facility renovation. The company anticipates achieving a certain level of mass production and securing orders within this year.
