Group 1: Financial Performance - The company achieved a total revenue of 317 million in 2024, representing a year-on-year growth of 22.27% [4] - The net profit attributable to shareholders was 45.8492 million, an increase of 17.38% compared to the previous year [4] - The company's sales revenue from the automotive sector reached 20.16 million in 2024, showing a growth of 14.31% [8] Group 2: Business Strategy and Growth - The company plans to focus on the home appliance, automotive, new energy vehicles, smart low-voltage electrical appliances, and power tools sectors over the next 3-5 years [3] - The company is considering mergers and acquisitions to optimize resource allocation and support business growth [3] - The company aims to enhance its market share by deepening cooperation with existing major clients and exploring new business opportunities [8] Group 3: Shareholder Returns and Dividends - The company proposed a profit distribution plan for 2024, which includes a cash dividend of 5 yuan per 10 shares and a stock bonus of 4 shares for every 10 shares held [6] - The company emphasizes that the dividend plan does not directly equate to future performance commitments, urging investors to consider various factors [8] Group 4: Market and Industry Outlook - The company acknowledges the complex international political landscape but notes that sales to the U.S. account for a small proportion of total revenue, minimizing the impact of U.S. tariff policies [3] - The electronic components industry in China has experienced rapid growth since the 1990s, with significant opportunities in consumer electronics, automotive, and power tools sectors [9] Group 5: Operational Challenges and Adjustments - The company has adjusted the completion timeline for its fundraising projects due to various objective factors, with the new completion date set for November 2026 [8] - The company is actively monitoring raw material prices and has established internal controls to manage procurement effectively [9]