Group 1: Company Overview - The company has completed the industrial chain layout for bearing components, including forging and rolling elements, achieving a complete process from design to production and testing [2] - The company has established high-end imported equipment production lines for precision bearing products, laying a foundation for market expansion [2] Group 2: Technological Advantages - The company is the first in the industry to use a non-soft belt heat treatment process, which offers significant cost advantages in material selection and processing costs per ton, positively impacting cost control and profit margins [2] Group 3: Production and Demand - The product shipment schedule for 2025 will depend on downstream customer requirements, with a significant increase expected in the proportion of spindle bearing products based on customer orders [3] - The company currently has sufficient production orders and is maximizing capacity through equipment adjustments, procurement, and process optimization to meet delivery requirements [3] Group 4: Customer Development - The company is making steady progress in developing downstream customers, maintaining close communication and cooperation with leading wind turbine manufacturers and steadily advancing with gearbox bearing customers [3]