Group 1: Sales and Revenue - The company reported a revenue of 676 million yuan in Q1, representing a year-on-year increase of 13.84% [2] - The direct sales model currently accounts for 100% of sales, with no plans to introduce other sales channels at this time [2] Group 2: Investment and Financial Performance - The long-term equity investment income under the equity method was -7,706,983.99 yuan, a significant decline compared to the previous period, primarily due to a decrease in stock price after the listing of the investment project [2] - The company has seen historical highs in performance due to product grade improvements, structural adjustments, and favorable industry developments [3] Group 3: Legal and Operational Concerns - The company is currently involved in pending litigation related to operating contracts, which it is monitoring to protect its rights [2] - The company has established a public opinion management system to address financial risks and enhance market value management [3] Group 4: Industry Outlook and Future Growth - The company is at the forefront of the new energy power station boiler market, providing advanced materials that replace imports [2] - The future direction of the industry is focused on high parameters, which is seen as a key development trend [3]