Core Viewpoint - The company, Zhejiang Guanghua Technology Co., Ltd., has released its first quarter report for 2025, ensuring the accuracy and completeness of the financial information disclosed [1][2]. Financial Data Summary - The net cash flow from operating activities increased by 67.42% compared to the same period last year, primarily due to a reduction in pledged certificates and margin deposits [5]. - The first quarter report has not been audited [6]. Board Meeting Summary - The 11th meeting of the 3rd Board of Directors was held on April 28, 2025, with all 7 directors present, and the meeting complied with relevant laws and regulations [8]. - The board unanimously approved the first quarter report with a vote of 7 in favor, 0 against, and 0 abstentions [10].