$IMOTIONTECH(01274.HK) Jingtai made a 100% profit, never expected to end up stuck with Zhixing. Let me explain why I bought it.

1. The interim report mentioned 19 designated projects, while the official account recently stated there were 31 designated projects by the end of August, meaning 12 new projects were added from July to August. In June, 14 new designated projects were added, as mentioned in the official account. This indicates explosive growth in designated projects in the second half of the year, with an average monthly increase of 6 projects. Based on this ratio, it's estimated that around 40 designated projects could be secured in the second half of the year.

2. Samples were showcased at the IAA conference, indicating that the urban NOA IDC product has already been developed.

3. The company is deeply tied to Horizon Robotics. As Horizon experiences rapid growth, Zhixing will also benefit from this growth.

4. The robot project is a collaboration with Fourier. Typically, when a collaboration is announced, the actual product development is already underway. It's likely that a collaborative product with Fourier will be unveiled soon, which is why Zhixing brought the Fourier robot to the IAA conference.

5. The company has already developed a two-stage end-to-end product. This is something that companies like Momenta and Baidu are also working on, which is at the algorithm level.

6. Deeper VLA (Vehicle-Level Architecture) is also being planned... Is the current R&D investment unreasonable? If it were, why would state-owned capital, Li Auto, and Hyundai invest in it? Do you think your small-minded perspective outweighs their vision?

That's all for now. This is a small-cap stock, and there will definitely be market manipulation. During the squeeze phase, fundamentals are ignored. Value investors don’t care—just hold without leverage or loans. The results will materialize by year-end.