Suzhou Shuangqi has responded to the second round of inquiry letter from the Beijing Stock Exchange: National Specialized and Innovative Small Giant, focusing on the research, development, and sales of key automation equipment and supporting systems

Suzhou Shuangqi Automation Equipment Co., Ltd. has responded to the second round of inquiry letter from the Beijing Stock Exchange, mainly involving issues such as the sustainability of performance growth, the authenticity of revenue, and the fairness of related party transaction prices. The company stated that the sales of its core product, telescopic machines, have shown stable growth, with performance not significantly different from that of its peers, the revenue recognition process is reasonable, and related party transactions are normal. The company focuses on the research and development and sales of intelligent logistics equipment and has been recognized as a national high-tech enterprise