On October 17, ROBOSENSE (02498) announced that it spent HKD 9.9175 million to buy back 290,000 shares at a price range of HKD 33.84 to 34.5 per share. This buyback reflects the company's assessment of its current stock price and its strong confidence in ongoing future development, sending a positive signal to the market.

In addition, the company has achieved significant milestones in its core technology areas. Last week, ROBOSENSE announced that its self-developed SPAD-SoC chip and 2D addressable VCSEL chip have successfully passed AEC-Q automotive qualification. This positions the company as the only technology enterprise in the world with self-researched chips meeting automotive standards across all three critical domains of digital lidar: emission, reception, and processing.

With these chip-level breakthroughs, its new generation EM platform products are now fully entering mass production. Among these, the EM4 is currently the only mass-produced lidar with over 500 lines, and the E1 is the only full-solid-state lidar that has been mass-produced and delivered. The EM platform has secured locations with eight leading automotive manufacturers for 45 vehicle models, bringing the total number of confirmed models to 133.

Furthermore, the industry is benefiting from favorable policies. Recently, China’s national standard for "Safety Requirements of Integrated Driving Assistance Systems for Intelligent Connected Vehicles" welcomed public consultation, officially incorporating lidar into the standard system for these vehicles for the first time. The resonance created by breakthroughs in core technology, mass production of products, and policy dividends continues to strengthen ROBOSENSE's market leadership.