Group 1: Investor Relations Activities - The company conducted a specific object research activity on May 28, 2025, at its facility in Shanghai, attended by various investment firms and individual investors [3] - Key personnel from the company included the Chairman and General Manager, Mr. Wang Binhui, and the Vice General Manager and CFO, Mr. Xie Zhenhua [3] Group 2: Equipment and Supply Chain - The current international trade situation has minimal impact on the company's equipment procurement, with a well-established reserve of critical production equipment [4] - The company utilizes a range of foreign brands for precision machining equipment, including Mazak, DMG, Fanuc, Citizen, and TSUGAMI, covering all categories of turning and milling equipment [4] - Future plans include a gradual establishment of a composite supply chain system, focusing on domestic equipment technology upgrades [4] Group 3: Business Development Strategy - The company maintains a balanced approach to domestic and international sales, with both segments accounting for approximately 50% each [4] - Strategic growth areas include semiconductors, scientific instruments, medical devices, aerospace, and automotive sectors, with a focus on enhancing production efficiency and reducing costs [4][5] - The company is actively pursuing a global strategy, particularly in Europe, to enhance international competitiveness and operational efficiency [5] Group 4: Strategic Partnerships - In April 2024, the company established a strategic partnership with a specialized surface treatment supplier to enhance product quality and supply chain stability [5] - A dedicated production line was set up with the supplier, supported by experienced technical personnel from the company to ensure compliance with technical standards [5] Group 5: Technical Requirements Across Industries - The company’s components serve various downstream industries, each with distinct technical requirements: - Scientific instruments demand high precision, complex structures, and strict quality control [6] - Medical devices share similarities with scientific instruments but require rigorous testing and certification [6] - Transportation products necessitate high precision and complex processing capabilities for mass production [6] - Semiconductor equipment components require high precision, reliability, and stringent cleanliness standards [6]