Core Viewpoint - The company has made proper arrangements regarding recent matters, and it is expected that these will not significantly impact its production and operations [1]. Company Overview - Wuhan Dameng Database Co., Ltd. was established in 2000 and is a leading developer of database products in China, playing a key role in the development of the domestic database software industry [7]. - The company provides various database software, cluster software, cloud computing, and big data services to well-known clients, including China Construction Bank, China Life Insurance, State Grid, and China Mobile [7]. Financial Performance - In 2024, the company achieved total operating revenue of 1.044 billion yuan, representing a year-on-year increase of 31.49% [7]. - The net profit attributable to shareholders was 362 million yuan, up 22.22% year-on-year, while the net profit after deducting non-recurring gains and losses was 341 million yuan, reflecting a growth of 24.14% [7]. - The net cash flow from operating activities was 473 million yuan, an increase of 36.95% compared to the previous year [7]. Leadership and Management - Pi Yu, born in August 1981, has been the General Manager of Dameng Data since November 2020, with a background in software engineering and extensive experience in sales and management [4][5]. - Under Pi Yu's leadership, the sales team has achieved significant success, securing over twenty major projects with individual project payments exceeding 80 million yuan [5]. Market Position - According to reports from CCID Consulting and IDC, the company has ranked among the top domestic database vendors in China from 2019 to 2023 [7]. - As of August 19, 2024, the company's stock price was 248.8 yuan, with a total market capitalization of 28.174 billion yuan [8].