RoboSense's 2024 performance showcases a remarkable uptick in revenue and other key financial metrics, fueled by the brisk development of the LiDAR industry. LiDAR has distinguished itself in sectors such as Advanced Driver Assistance Systems (ADAS) and Robotaxi, with advancements in autonomous driving technology worldwide propelling the growth of LiDAR market demand. The pre-installation rate of automotive LiDAR in China has skyrocketed from 1.2% in 2022 to 8% in 2024, accompanied by a supply chain localization rate of 90%. LiDAR-related stocks in the A-share market have exhibited robust performance, with the combined market value of over 30 associated enterprises surpassing 400 billion yuan. Several stocks have witnessed gains exceeding 20% within the year, with notable net profit growth rates observed in companies like Yutong Optics. Furthermore, institutions have closely monitored LiDAR enterprises such as Crystal Opto-Electronic.