Shangwei New Materials: The company's embodied intelligent robot business is currently still in the product development stage.

Shangwei New Materials Stock Trading Risk Warning Announcement: The company’s humanoid intelligent robot business focuses on product development for personal and household scenarios (not targeting industrial and commercial fields). Currently, it is still in the product development stage, has not achieved mass production or large-scale sales, and the related business has not generated revenue or profit. Significant investments are still needed, and it is not expected to have a positive impact on the 2025 performance. The company’s humanoid intelligent robot business is currently in the prototype research and development stage and at the initial stage of promotion. It will take a certain period and validation process for the new product to reach mass production. Whether the product development can succeed, the timing of product launch, and the market promotion after launch all carry certain uncertainties. There are risks of slower R&D progress, changes in market environment, increased competition, insufficient market promotion and customer development, leading to product performance below expectations. The company cannot predict the impact on revenue and profits for 2026.