Event
Daye Co. clarifies robot tendon rope products not yet in mass production
1 reports · 1 sources
Daye Co. issued a clarification announcement stating that its robot tendon rope products are not yet in mass production and have not generated substantive revenue, responding to market rumors that listed the company as a "humanoid robot concept stock." The company also stated that there is significant uncertainty regarding this business in terms of technical R&D, product competitiveness, and profitability. The company's existing main business remains the R&D, production, and sales of bead wire, steel cord, and rubber hose wire. Previously, the company's stock had hit the daily limit up for 4 consecutive trading days.
Report timeline
- Daye Stock, up 4 consecutive sessions: Robot tendon rope products not yet in mass production
Daye Stock announced in response to rumors of it being a "humanoid robot concept stock," stating that its robot tendon rope products are not yet in mass production and have generated no substantive revenue, and that this business faces major uncertainty in areas such as technology R&D, product competitiveness, and profitability. The company's main business remains the R&D, production, and sales of bead wire, steel cord, and hose wire.
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