英威腾：业务包括工业自动化等主要业务以及部分成长类业务

Core Viewpoint - The company emphasizes that its business structure, including industrial automation and growth segments, significantly influences its gross margin and profitability, and it maintains a good gross margin level for its main products [1] Group 1: Business Structure and Performance - The company operates in industrial automation and other growth-related businesses, with its gross margin and profits closely tied to its business structure [1] - There are notable differences in business and product structures between the company and its competitors, which impacts performance [1] Group 2: Research and Development - The company indicates that the conversion of R&D results requires a certain period, and the current business success is a result of historical continuous R&D investment [1] - Current R&D investments are expected to yield returns gradually in the future [1] Group 3: Compliance and Governance - The company asserts that its operations are legal and compliant, with no violations reported [1]