Core Viewpoint - The company aims to become a global leader in animal nutrition technology, focusing on both domestic and international market expansion [2] Group 1: Market Strategy - The company has established a sales network in over 40 countries and regions, gaining a first-mover advantage in the industry [2] - The market strategy emphasizes "deepening domestic operations while breaking into international markets" [2] Group 2: Financial Performance - In the first half of 2025, the company's overseas business revenue increased by over 20% year-on-year, indicating a continued growth trend [2] Group 3: Future Outlook - The company plans to continue investing in international market development to enhance its competitive advantage globally [2]

Group 1: Financial Performance - In the first half of 2025, the revenue from high-temperature alloys significantly increased, driven by new growth points in the aerospace engine sector and rising production in the nuclear power and energy sectors [3] - The company aims to continuously optimize its product structure to increase the proportion of high-margin products, enhancing overall profitability [3] Group 2: Product Structure - The main products include high-temperature alloys, corrosion-resistant alloys, ultra-high-strength alloys, and precision alloys, with high-temperature alloys being the core product due to their high gross margin and technical content [3] Group 3: International Market Development - The company initiated international market development in 2023 and achieved initial international business revenue in 2024, establishing partnerships with clients in France, Germany, and Italy [4] - Future plans include strengthening market development in aerospace, oil services, and gas turbine sectors [4]