Core Viewpoint - The PMEC China Laboratory Instruments and Equipment Exhibition will take place from June 24-26, 2025, at the Shanghai New International Expo Center, showcasing over 300 renowned domestic and international brands, with nearly 15% being international brands [1][3]. Group 1: Exhibition Overview - The exhibition will feature a complete value chain from basic laboratory equipment to advanced analytical instruments, including life science instruments and laboratory construction [1]. - The core theme of the exhibition is "Intelligent, Safe, and Precise," aiming to promote the digitalization, intelligence, and sustainability of laboratory construction [3]. Group 2: Participating Companies - Major international brands participating include Nouryon, BRAND, Daicel, Corning, Malvern, and Agilent, among others, each presenting their latest products and technological advancements [1][3]. - DACHANG Huajia focuses on providing advanced analytical instruments and equipment, offering comprehensive services including installation and technical training [7]. - LGC Standards, a division of LGC Group, is recognized for its quality assurance and research tools, operating in over 170 countries [9]. Group 3: Forums and Discussions - The exhibition will host a series of professional forums, including discussions on the 2025 edition of the Chinese Pharmacopoeia and innovations in digital laboratories [41][43]. - Topics will cover quality standards, microbial standards, and chromatography analysis methods, aimed at enhancing laboratory efficiency and data quality [48][52]. Group 4: Registration and Attendance - Attendees are encouraged to register before June 20 to waive the 100 RMB entrance fee, emphasizing the importance of early registration [4][58].

Core Insights - The company reported a revenue of 1.13 billion yuan for 2024, representing a year-on-year growth of 10.81%, and a net profit attributable to shareholders of 183 million yuan, up 13.64% year-on-year [1] - For Q1 2025, the company achieved a revenue of 311 million yuan, a year-on-year increase of 9.58%, with a net profit of approximately 55.11 million yuan, reflecting a modest growth of 0.91% [1] Financial Performance - In 2024, the company's professional instruments segment generated revenue of 91.53 million yuan, a significant increase of 72.94% year-on-year, driven by product launches in power and renewable energy applications [2] - The gross profit margin for the main products improved by 1.88 percentage points to 45.22% in 2024, benefiting from optimized sales structure [3] - The sales net profit margin for 2024 was 15.85%, an increase of 0.33 percentage points, while the gross profit margin was 45.16%, up 1.84 percentage points [3] Strategic Initiatives - The company is focusing on high-end, specialized, and international strategies, which have led to sustained growth in its product lines [2] - The company has increased its R&D and market development investments by 18.51% and 10.35% respectively in Q1 2025, indicating a commitment to innovation [4] - The establishment of an overseas production base in Vietnam aims to enhance international competitiveness and mitigate risks associated with global market fluctuations [4] Market Outlook - The company anticipates that equipment upgrades and the demand for self-controlled solutions will act as catalysts for growth in the instrumentation industry [5] - The projected net profit for 2025-2027 is estimated at 210 million yuan, 240 million yuan, and 290 million yuan, with respective year-on-year growth rates of 12.4%, 17.6%, and 17.9% [5]