Core Viewpoint - The acquisition of New Energy Bearings by the company is strategically aligned with its existing wind power business, focusing on enhancing its competitive advantage in the wind power core component sector [1] Group 1: Acquisition Details - The core products of New Energy Bearings include yaw bearings, pitch bearings, and main shaft bearings for wind turbine units, which have a high strategic synergy with the company's current wind power operations [1] - The company aims to expand production capacity, upgrade technology, and integrate resources in the wind power bearing product line following the acquisition [1] Group 2: Future Plans - The company currently has no plans for production layout in the robotics bearing business in the short term [1]

Group 1: Diamond Applications and Market Potential - Diamond has excellent thermal conductivity, but cost issues limit its functional applications. As high-power devices and high-performance chips develop, the demand for diamond as a thermal material may increase [2] - The company has developed diamond-copper composite materials, which have thermal performance between copper and diamond but at a lower cost, showing good market potential [2] - The industrialization of diamond thermal applications is still in its early stages, primarily constrained by cost, but demand is expected to gradually open up [2] Group 2: Business Performance and Revenue - In 2024, the superhard tools business generated approximately 580 million yuan, with significant growth in the semiconductor sector [3] - The company holds over 90% market share in domestic aerospace bearing applications, including rocket fuel turbine pump bearings and satellite momentum wheel bearings [3] - The special bearing business has seen an increase in orders in the first half of the year, although pricing pressures have affected profitability [3] Group 3: Strategic Initiatives and Future Plans - The company focuses on high-value-added products in the robotics bearing sector, including cross-roller bearings and thin-walled bearings, with no current business relationships with humanoid robot companies [3] - Collaboration with local governments to establish a diamond company aligns with national strategic requirements and aims to promote the development of the superhard materials industry [3]