Appotronics holds 7 fixed points

Lightpeak Technology Car: H1 revenue of 240 million began to increase, of which Q1/Q2 revenue was 50 million/190 million respectively. The company has 7 fixed points, including 2 models of the Question World, 1 BAIC New Energy, 2 BYD, Huayu Vision, and Mercedes-Benz Smart Elf #5 concept car. Academy: H1 revenue of 270 million, of which Q1/Q2 was 150 million/120 million respectively. Affected by the film market, Q2 weakened on a quarter-on-quarter basis. B-end professional display: H1 revenue of 200 million was flat year-on-year, of which engineering was 120 million (+24%)/business and education was 80 million (-23%), and large cultural and tourism orders helped engineering recover. C-end Fengmi: H1 revenue of 240 million (-36% year-on-year), net loss of 48.53 million (a year-on-year reduction of about 30 million), we expect Xiaomi-related revenue to increase slightly, and the adjustment of the independent brand business strategy to decline by double digits.