Group 1: Investor Relations Activity Overview - The investor relations activity was held on June 12, 2025, from 14:30 to 16:50, via a remote network format [3] - The event was conducted on the "Investor Relations Interactive Platform" on P5W.net, allowing communication with investors [3] - Attendees included the Chairman, General Manager, Financial Officer, and Secretary of the Board [3] Group 2: Key Questions and Responses - There is currently no specific new product release plan, but the company continues to invest in technology research based on market demand [4] - As of now, there are no plans for the controlling shareholder or executives to increase stock holdings in the secondary market [4] - The company will disclose the second quarter's financial results in accordance with legal regulations, and the final results will be based on publicly disclosed information [4] - The dividend distribution for the 2024 annual report will be implemented within two months after approval at the shareholders' meeting [4]

Group 1: Company Overview and Business Model - The company primarily exports products through domestic bonded zones, with bonded zone business accounting for 26.04% in 2024 [2] - Direct overseas exports represent 6.39% in 2024, mainly targeting Southeast Asia [2] - The impact of tariff changes on the company's operations is minimal due to its current business model [2] Group 2: Strategic Acquisitions - The acquisition of Weisi Shuanglian is aimed at optimizing supply chain management and reducing production costs [3] - Weisi Shuanglian has strong capabilities in polymer materials and absorbing materials, enhancing the company's R&D competitiveness [3] - The acquisition will allow for resource synergy while maintaining independent operational systems for both companies [3] Group 3: Project Developments - The DeYou project aims to enhance the company's self-developed material system in shock absorption and protection, broadening the product structure [3] - The company is actively advancing the restructuring work related to the DeYou project, with transaction plans under careful consideration [3] Group 4: Customer Engagement - The company is currently testing HVLP5 copper foil products with direct downstream customers, but cannot disclose specific client names due to commercial policies [3]

Group 1: Financial Performance - In 2024, the company reported a revenue of 3.674 billion CNY, a decrease of 4.62% year-on-year, with a net profit attributable to shareholders of 863 million CNY, down 0.28% [3] - For Q1 2025, revenue was 606 million CNY, reflecting a year-on-year decline of 19.09%, and net profit attributable to shareholders was 118 million CNY, down 19.58% [3] - Basic earnings per share for Q1 2025 was 0.22 CNY, a decrease of 19.58% compared to the previous year [3] Group 2: Product Overview - The company's main business is divided into two core segments: compressors and vacuum pumps, with compressors further categorized into refrigeration and air compression products [3] - Refrigeration products include commercial central air conditioning compressors, freezing and refrigeration compressors, and heat pump compressors, catering to diverse customer needs in temperature control [3] - Air compressors are essential in various industries, including engineering machinery, pharmaceuticals, electronics, and mining, ensuring efficient production processes [4] Group 3: Market Strategy - The company is expanding its market presence in oil-free air compressors, which are crucial for industries requiring high air quality, such as food, biomedicine, and electronics [4] - Vacuum products are primarily used in the photovoltaic and semiconductor industries, with plans to expand into lithium batteries, pharmaceuticals, and chemical manufacturing [4] - The company anticipates a revenue of 3.301 billion CNY and a net profit of 692 million CNY for the fiscal year 2025 [4]

Group 1: Financial Performance - In 2024, the company reported a revenue of 3.674 billion CNY, a decrease of 4.62% year-on-year [3] - The net profit attributable to shareholders for 2024 was 863 million CNY, down 0.28% year-on-year [3] - Basic earnings per share for 2024 were 1.61 CNY, a decline of 0.28% year-on-year [3] - The weighted average return on equity for 2024 was 21.80%, a decrease of 4.01% year-on-year [3] - In Q1 2025, revenue was 606 million CNY, down 19.09% year-on-year [3] - The net profit attributable to shareholders in Q1 2025 was 118 million CNY, a decrease of 19.58% year-on-year [3] - Basic earnings per share in Q1 2025 were 0.22 CNY, down 19.58% year-on-year [3] - The weighted average return on equity in Q1 2025 was 2.75%, a decrease of 1.12% year-on-year [3] Group 2: Product Overview - The company's main business is divided into two core segments: compressors and vacuum pumps [3][4] - Refrigeration products include commercial central air conditioning compressors, frozen and refrigerated compressors, and heat pump compressors [3] - Air compressors are essential in various industries, including engineering machinery, pharmaceuticals, electronics, and mining [4] - The company is expanding into oil-free air compressor markets, targeting industries with high air quality requirements [4] - Vacuum products are primarily used in the photovoltaic and semiconductor industries, with plans to expand into lithium batteries, pharmaceuticals, and chemical manufacturing [4] Group 3: Future Projections - The company projects a revenue of 3.301 billion CNY for 2025, a decrease of 10.15% year-on-year [4] - The net profit forecast for 2025 is 692 million CNY, down 19.81% year-on-year [4] - The company's performance in the U.S. market is currently low, with minimal direct impact from U.S.-China tariffs [4] - Future trade tensions may adversely affect export business [4]