Zhitong Finance App learned that on December 29, Preferred Choice (09880) issued an announcement. Zhou Jian, its founder, chairman of the board of directors and CEO, promised not to reduce his holdings of 70.4 million shares of Preferred Choice H shares in any form for 12 months from December 29, 2024.

In recent years, against the backdrop of continuous tightening of liquidity in the Hong Kong capital market under the Federal Reserve's interest rate hike cycle, the day the company stock ban is lifted often accompanied by a decline in market value by half, yet professional investors will not change their judgment on the long-term value of the enterprise due to short-term stock price shocks brought about by the lifting of the ban. Voluntary sales ban commitments are viewed as an important weather vane for management's confidence in the future development prospects of enterprises and industries. Preferred Choice's voluntary sales ban was announced on December 29, the day before the stock ban was lifted. It not only conveyed affirmation of the company's future development prospects and long-term value, but also injected a dose of strength into investors and enhanced investors' confidence in the company's long-term value.

Although management's promises can help boost market confidence in the short term, the company's fundamentals and market environment are the key factors that determine the long-term trend of stock prices. In the first half of 2024, Preferred Choice achieved operating income of 0.487 billion yuan, an increase of 86.6% year on year; gross profit reached 0.185 billion yuan, more than double the previous year, and gross margin reached 38%, a significant improvement over last year; in addition, adjusted EBITDA was a loss of 0.234 billion yuan, a sharp decrease of 23.75% compared with the same period last year. The sharp increase in Preferred Choice's revenue was mainly due to the contribution of the AI education business, the customized intelligent robot business in other industries, and the growth of consumer-grade business. In the first half of 2024, Preferred Choice AI education business achieved revenue of 0.161 billion yuan, double the previous year; revenue from the customized intelligent robot business in other industries reached 0.09 billion yuan, an increase of more than three times; and revenue from the consumer grade business reached 0.174 billion yuan, doubling the year-on-year revenue. According to the results announcement, the three business growth was mainly due to enhanced business development, new product launches, and project completion and delivery.

Preferably the “first humanoid robot stock”. Compared with other unlisted humanoid robot companies, it has a financing advantage and a first-mover advantage. Financial reports for the first half of 2024 show that Preferred Humanoid robots have achieved application breakthroughs in new scenarios, focused on the field of automobile manufacturing, pioneered humanoid robot training in well-known automobile factories, jointly built a humanoid robot demonstration factory, and achieved in-depth application in typical industrial scenarios. Preferred Choice focuses on key manufacturing areas such as automobiles and 3C, enhances humanoid robot tool operation and task execution capabilities, and is the first in the world to cooperate with many companies, including Dongfeng Liuqi, Geely Automobile, FAW-Volkswagen Qingdao Branch, Audi FAW, BYD, and BAIC New Energy, as well as various industry leaders such as 3C company Foxconn and logistics company SF Express to promote the application and promotion of humanoid robots in processes such as assembly, transportation, inspection and maintenance, and strengthen the ability of humanoid robots to interact with equipment, personnel, and the environment, and support flexibility and customization Production and manufacturing. Currently, the self-developed humanoid robot Walker S is the humanoid robot that has entered the most factory training in the world, and has received intended orders for more than 500 units from car manufacturers. These developments not only prove the leading position of Preferred Choice Technology in humanoid robot applications, but also lay a solid foundation for the company's future development.

Currently, humanoid robots have become representatives of new types of productivity, helping to promote new industrialization and injecting momentum into economic development. As a representative enterprise in the field of humanoid robots, Youbi Choice Technology's accumulation in humanoid robot technology innovation and market application has not only laid a solid foundation for the humanoid robot industry, but also accelerated the promotion of new productivity as a new engine for economic growth. As the company continues to deepen technological innovation and market expansion, the long-term value of the humanoid robot industry represented by Preferred Choice will be further highlighted, bringing investors continuous growth potential and returns.