Group 1 - The core business of the company is the research, production, and sales of key components for turbochargers [2] - The company reported a main revenue of 316 million yuan in Q1 2025, a year-on-year decrease of 20.25%, and a net profit attributable to shareholders of 6.957 million yuan, down 70.34% year-on-year [2] - The company is focusing on mergers and acquisitions as a key development path, targeting new fuel technologies and emerging industries such as new materials and precision processing [1] Group 2 - The company is expanding its research and development beyond turbocharger components, collaborating with leading enterprises in areas such as range-extended electric vehicles, new fuel technologies, and humanoid robot components [1] - The company maintains a stable market position for its turbocharger components globally, with a significant portion of sales coming from foreign clients [1] - The company's debt ratio stands at 30.67%, with investment income reported at -386,800 yuan and financial expenses at 1.6156 million yuan, while the gross profit margin is 14.76% [2]

Group 1: Market Presence and Customer Distribution - The company's turbocharger component products are primarily sold to domestic and international turbocharger manufacturers, with a significant portion of sales occurring through a direct sales model. Currently, foreign customers dominate, with transactions conducted in currencies such as USD, EUR, and JPY [2]. - The market for the company's turbocharger components remains stable and continues to rank among the top globally [2]. Group 2: Mergers and Acquisitions Strategy - Mergers and acquisitions are a key development path for the company and a focus for 2025. The company aims to identify high-quality acquisition targets in the industry, guided by a "technology + market" approach [3]. - The company is particularly interested in new fuel technologies and emerging industries such as new materials and precision machining, aligning with national development directions and policies to create synergistic effects with existing core businesses [3]. Group 3: Research and Development Expansion - The company is leveraging its resource advantages to expand horizontally, collaborating deeply with leading enterprises to develop products related to range-extended electric vehicles, new fuel technologies, and humanoid robot components [3]. - Multiple measures are being implemented to explore internal growth potential beyond the core turbocharger component products [3]. Group 4: Information Disclosure Compliance - During the investor relations activity, the company ensured thorough communication with investors, adhering strictly to the regulations of the "Information Disclosure Management System" to guarantee the accuracy, completeness, and timeliness of disclosed information [3]. - The activity did not involve any undisclosed significant information [3].