Core Insights - The company has achieved continuous growth for nine consecutive quarters, driven by a shift from a single downstream focus to multiple application scenarios, with new fields contributing to revenue since 2023 [1][3] - The PCB business has shown significant performance, with nearly 90 million yuan in orders for PCB forming equipment and the first order for ultra-fast laser drilling equipment received [1][4] Group 1: Business Performance - The company's revenue growth is attributed to the collaboration of new and old businesses, particularly in the PCB sector, which has seen substantial order wins since 2025 [1][3] - The PCB forming equipment has gained recognition from strategic customers due to its low loss, high precision, high efficiency, and reliability, leading to the successful delivery of nearly 90 million yuan in orders in 2025 [4] Group 2: Product Development - The ultra-precision drilling equipment was developed based on insights into the trend towards precision in PCB drilling, targeting ABF material IC substrates, with capabilities of 30-70 microns in hole diameter, 10,000 holes per second efficiency, and precision of less than ±10 microns [5] - The company has identified new market opportunities driven by the rapid development of the computing power industry, which has increased demand for new materials and processes in drilling applications [5] Group 3: R&D and Market Strategy - The company employs a forward R&D model based on the interaction of light and materials, optimizing laser technology for various applications through simulation and customization [6][7] - The company emphasizes a solid foundation and innovation-driven development, aiming to effectively communicate its value and share growth results with investors [8]