RoboSense's stock price plummeted 5.38% intraday on Tuesday, reflecting significant selling pressure.

The sharp decline follows the company's latest annual results, which revealed a substantial loss attributable to shareholders of 1.45 billion RMB, despite a 17.7% year-over-year revenue increase to 1.941 billion RMB. The persistent operating loss of 1.843 billion RMB and a negative net margin of -20.89% have weighed heavily on investor confidence, overshadowing an improved gross margin of 25.25%.

Additional factors contributing to the negative sentiment include a recent management reshuffle with the appointment of a new Deputy Chief Financial Officer, and ongoing market concerns about RoboSense's competitive positioning in the vehicle-mounted LiDAR sector, where it has reportedly slipped from the top market position.