Group 1: Financial Performance - The company achieved a net profit of 117.34 million yuan for the year 2024, representing a 62.08% increase compared to the previous year [1] - Export business revenue accounted for 13.48% of total revenue in 2024 [3] Group 2: Product Development and Innovation - The company has received positive feedback on its new ultra-short imitation hemp fiber products and plans to focus on differentiated, functional, and high-end polyester fiber products in the future [1][2] - Ongoing investment in technology research and talent development is centered around technological innovation, industry chain collaboration, and market demand [2] Group 3: Customer Strategy - The company continues to implement a "key customer" strategy, providing personalized service to stabilize core customer relationships [2] Group 4: Market and Risk Management - The company is actively managing exchange rate risks, with measures in place to control the impact of currency fluctuations on export profits [3] - The company is adapting its sales strategies to different regions in response to market conditions [3] Group 5: Future Directions - The company plans to maintain a prudent operational strategy, focusing on technological innovation and development of high-end products [2][4] - There are considerations for potential industry mergers and acquisitions, evaluated against strategic goals and industry trends [4] - The company is engaged in ongoing partnerships with universities and research institutions, focusing on differentiated and high-end product development [4]