Shadow Stone responds to DJI's price war: Creating conditions for market expansion.

Ying Stone Innovation held a performance briefing to respond to the market's concerns about "DJI's price war impact and the dispute over market share of panoramic cameras." The company stated that the accuracy, completeness, and authority of some third-party data cannot be verified, and reminded investors to pay attention to risks. The company also pointed out that price competition from competitors may have helped expand the market, but Ying Stone's differentiated hardware and software advantages are still the core factors for users' choices. In the third quarter, the company's revenue achieved a growth of 90%. "Improving the increment through market competition is a common goal of the industry. We believe that the price competition initiated by competitors entering the panoramic camera market has created conditions for market expansion. At the same time, more and more consumers are choosing Ying Stone because of its differentiated advantages, including hardware design with interchangeable lenses, exclusive software features such as panoramic cloud storage and AI automatic editing. These are our core competitive strengths in the field of panoramic cameras. Despite facing fierce market price competition, the company's revenue in the third quarter of 2025 still achieved a high-speed growth of over 90% year-on-year," said the official statement from Ying Stone.