Zhongtong Finance and Economics APP News, Ling Yun Industrial Corporation (600480.SH) announced that the company had previously responded to investors' inquiries about the company's situation on the Shanghai E interactive platform. Some of the responses were inaccurate, which may mislead investors. The following supplementary explanations are now provided:

The company's previous response stated: 'As the lead unit, the company jointly established a sensor project team with relevant units, organized the development of the project plan, and promoted project development. The related products can be applied in areas such as machinery arms and robots.' Upon verification, the company's sensor business is at the internal research and development stage, with no customers, no orders, no related business revenue, and uncertainty exists as to whether the product matching and future demand can be completed on time.

The company's previous response stated: 'The wire-controlled steering system is one of the key products for vehicles to achieve self-driving. Ling Yun has now carried out technical research and development in this field.' Upon verification, the company's wire-controlled steering system is currently at the internal research and development stage, with no customers, no orders, no related business revenue, and uncertainty exists as to whether product matching and future demand can be completed on time.

The company's previous response mentioned: 'The company's automotive fluid pipeline system, aluminum lightweight products and others can be applied in the low-altitude economy sector.' After verification, the company supplies aluminum lower beam products to Xiaopeng Huitian Flying Cars, which is not part of the company's new business expansion. Currently, although there are designated points, the amount is only 6.31 million yuan, accounting for 0.03% of the company's 2023 annual revenue.

Upon verification, the company provides hot-formed products to Chongqing Sokon Industry Group Stock (Wenjie), BAIC (Xiangjie), and Chery (Zhijie); bumper and hot-formed products to Chery (Zhijie) and AA Vision (Victa); and bumper products to Changan (Avita). The total sales revenue from January to September 2024 is approximately 0.043 billion yuan, accounting for 0.22% of the company's 2023 annual revenue. The company also supplies hot-formed and bumper products to Xiaomi Autos, with a total sales revenue of approximately 0.15 billion yuan from January to September 2024, representing 0.79% of the company's 2023 annual revenue. The aforementioned products are the company's existing products, not new business areas. Currently, the revenue proportion is relatively small, and the impact on the company's profit and loss is minimal.