Group 1: Company Overview - The company’s history, development strategy, and main business were introduced by Secretary Li Bin during the investor relations activity [2] - The company has successfully developed commercial vehicle fleet clients in China, such as Shentong Logistics and Baifa Logistics, and has begun small-scale installation testing [2] Group 2: Product and Market Insights - The price of the commercial vehicle sensor set (including digital information control devices and sensors) ranges from ¥2,000 to ¥3,000 [2] - The company’s TPMS sensors cover over 95% of vehicle models globally, providing a competitive advantage and brand recognition in the market [2] Group 3: Financial Performance and Strategy - The company’s high gross margin is attributed to technological barriers and channel advantages, including partnerships with well-known foreign fleet service providers [2] - Currently, there are no plans for refinancing [3] Group 4: Research and Development - A joint research center with Zhejiang University was established to focus on intelligent automotive pressure sensors and AI sensors, with the project currently in the feasibility research stage [2]

Financial Performance - In Q1 2025, the company reported total revenue of ¥268,090,638.90, a slight decrease of 3.99% year-on-year, while net profit attributable to shareholders increased by 36.36% to ¥36,934,826.12 [1] - Revenue from high-margin products, such as sensors and digital information control devices, reached ¥86,565,853.35, marking a growth of 41.17% compared to the same period last year [1] R&D and Strategic Focus - The company plans to invest no less than ¥10 million over the next three years in collaboration with Zhejiang University for the development of intelligent automotive and embodied intelligence systems [3] - R&D expenses in Q1 2025 decreased by 16.7%, primarily due to pending agreements for overseas commissioned research [3] - The company holds 262 patents, including 163 invention patents, with a focus on digital information control devices and sensors [2] Market Opportunities - The company’s unique NLP sensor technology is expected to begin mass supply in 2025, with a gross margin exceeding 60% [4] - The TPMS product can cover 95% of vehicle models, with significant growth anticipated in the North American market, followed by Europe and China [6] Industry Trends - The company’s subsidiary WMHG is the only global provider of gas-tight solutions based on band-wound welded hoses, which positions it favorably as emission standards tighten [6] - The market for the company's valve products remains stable, contributing to overall business resilience [6]

Core Viewpoint - The company, Wantong Intelligent Control, has announced a collaboration with Zhejiang University to establish a joint research and development center focused on embodied intelligent perception [1] Group 1: Collaboration Details - The partnership will involve the creation of the "Zhejiang University-Wantong Intelligent Control Embodied Intelligent Perception Joint Research Center" [1] - Research areas will include intelligent automotive pressure sensor devices, AI sensors for smart vehicles, and big data models for vehicles [1] - The company plans to invest no less than 10 million RMB (approximately 1.4 million USD) in the center's development over the next three years [1]