Group 1: Business Strategy and Market Positioning - The company aims to implement a comprehensive chassis strategy, focusing on resource sharing across market, manufacturing, and R&D sectors to enhance collaboration among business units [2] - The external market revenue share has increased to 30%, with new orders from external markets reaching 48% in 2024, indicating a diversification of the customer base [3] Group 2: Customer Structure and Key Clients - Major clients include internal customers from the FAW Group, such as FAW Hongqi, FAW Volkswagen, FAW Toyota, FAW Jiefang, and FAW Bestune, alongside significant external clients [3] - The company has successfully expanded its customer structure, particularly in the new energy vehicle sector, providing robust support for stable growth [3] Group 3: Product Offerings and Partnerships - The company's electronic control shock absorber products are supplied to various models under the Seres brand, as well as to automakers like Hongqi, Geely, Chery, Changan, and Xiaopeng [4] Group 4: International Development and Expansion - The company has established an international strategic layout, including a European office and a German fastener acquisition to integrate into the European automotive supply chain [5] - In North America, the establishment of a U.S. company and a factory in Mexico aims to enhance market responsiveness and reduce production costs, improving competitiveness in the Americas [5] Group 5: Future Directions and Focus Areas - The company will continue to focus on its core automotive parts business, emphasizing R&D, production, and sales, while monitoring industry trends for potential strategic expansions into robotics if aligned with its capabilities [6]