On August 24, ROBOSENSE fell 14.61% in regular trading to HK$17.91/share, with turnover of HK$304 million, as the market reacted sharply to a formal vehicle recall directly implicating the company's LiDAR products.

Geely Automobile filed a recall plan with China's State Administration for Market Regulation, effective August 24, covering 74,037 Lynk & Co vehicles (models 900, 10EM-P, 07, and 08) and 18,878 Galaxy M9 units — over 92,000 vehicles in total. The recall targets LiDAR malfunctions that restrict advanced driver-assistance features including highway and urban NOA. All affected vehicles are equipped with ROBOSENSE M-series roof-mounted LiDAR units. Complaints had been intensifying since July, with owners reporting system-forced speed limits and function lockdowns during high-speed driving. Lynk & Co confirmed the recall involves free LiDAR replacement, with the new components covered under existing vehicle warranties.

The recall raises concerns over potential batch-level quality control issues at ROBOSENSE and may weigh on near-term order sentiment ahead of the company's interim results scheduled for August 26.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)