$ROBOSENSE(02498.HK) This is one of the companies I have always been bullish on. Although I said that from April to July, Hesai should be prioritized, and RoboSense would underperform Hesai during this period. But I also said that RoboSense's expectations for Q4 would be better. On one hand, many of RoboSense's orders are concentrated for delivery starting in Q4. On the other hand, RoboSense's new products, the Active Camera AC2 and high-performance automotive blind spot radar, will begin rolling out for delivery during this period. Technically, RoboSense is not lagging behind Hesai; it's more that its product strategy was temporarily overtaken by Hesai. Moreover, as a necessary component for future autonomous driving and robotics, LiDAR is an industry sector I remain bullish on in the long term. I think a reasonable entry point is around HK$34-36. By the end of 2025 (or when the annual report is released, since this is a full-year target price expectation, sometimes we need to wait for the annual report to confirm), my target price remains HK$50, representing about 40% upside. Even if it doesn't reach that, next year will still be a new peak for LiDAR shipments, making it a company that won't lose out even if held long-term.