Guanghong Technology: The company's Shenzhen Pingshan Intelligent Manufacturing Park is expected to be gradually put into use by the middle of this year.

Guanghong Technology replied to investors on the Shenzhen Stock Exchange interactive platform on May 17, stating that after more than a year of construction, the company's Shenzhen Pingshan Intelligent Manufacturing Park is expected to be gradually put into use in the middle of this year. After the full production at Shenzhen Pingshan Intelligent Manufacturing Park, the company will achieve an annual production of tens of millions of complete machine products, covering smart phones/tablets, smart wearables, automotive electronics, new energy products, and providing about 10,000 direct job opportunities for locals. The future scale of production value will depend on specific customer demands and business models. Guanghong Technology also mentioned that besides providing manufacturing services for service industry commercial robots for some overseas customers, the company is also closely monitoring industry trends and looking for other business opportunities in the field of robotics both domestically and internationally.