Qide New Materials: Xiaomi Is An Important Customer, Providing Carbon Fiber Products And High-Performance Modified Plastics

On February 12, an investor asked Qide New Materials the following questions: 1. Are the company's carbon fiber housing and modified plastic products applied in Xiaomi's humanoid or quadruped robot? Is the company a direct supplier to Xiaomi's robot? 2. Can the company meet Xiaomi's mass production and automotive-grade requirements in terms of precision molding, lightweight, and consistency? 3. Does the Beijing Mihide factory serve Xiaomi's robot? Can the production capacity support the scaling up of Xiaomi's robot? 4. Will the robot business orders,**** (appointments), and mass production progress be disclosed in regular reports? Regarding this, Qide New Materials responded on the investor interaction platform on February 25, stating that Xiaomi is an important customer of the company. The company provides carbon fiber products and high-performance modified plastics for this customer. The company has solid technical and operational foundations, ample cash flow, and strong production expansion capabilities, which can meet all the production and delivery requirements of customers. Details about specific projects and customer cooperation involve confidential information and cannot be disclosed. For information on the company's business development, please refer to the company's publicly disclosed information.