Core Viewpoint - Company is focused on global expansion while acknowledging challenges such as cultural differences and complex regulations in international markets [2] Group 1: Financial Performance - In Q1 2025, the company reported a main revenue of 205 million, an increase of 18.07% year-on-year, and a net profit of 31.27 million, up 34.21% year-on-year [10] - The increase in net profit was lower than revenue growth due to significant differences in cash management income and foreign exchange gains compared to the same period in 2023 [3] - The company aims to enhance profitability to ensure that net profit growth exceeds revenue growth in the future [4] Group 2: Market Strategy - Company is actively expanding in the domestic market by leveraging national policies, enhancing product localization, and optimizing market strategies to increase market share and profitability [8][9] - The company has established a strong market presence and brand recognition in Europe and the US, while also facing challenges in international market penetration [2] Group 3: Research and Development - The company is increasing investment in R&D, particularly in key technologies and forward-looking innovations, to enhance its competitive edge [5] - The company plans to strengthen its equipment R&D to improve product quality and market competitiveness, despite the low gross margin of equipment [4][6] Group 4: Operational Developments - A new production park is set to commence construction this year, with the goal of completing major production facilities by next year to support ongoing growth [7]

Group 1: Market Expansion and Challenges - The company has developed a methodology for market expansion and has established strong competitiveness and brand recognition in the European and American markets [2] - Challenges in international market expansion include cultural differences, complex legal regulations, and localization operations [2] - The company is actively promoting international management and researching target market conditions to enhance competitiveness and profitability [2] Group 2: Financial Performance and Cost Management - The net profit growth rate for 2024 was lower than the revenue growth rate due to significant differences in cash management income and exchange gains/losses compared to 2023 [3] - The increase in sales expense ratio is attributed to the acquisition of a South Korean company and increased marketing and travel expenses for deep market development [3] - Measures are being taken to enhance profitability, ensuring that future net profit growth exceeds revenue growth [3] Group 3: R&D and Product Development - The company aims to increase investment in equipment R&D despite low gross margins, focusing on providing integrated solutions in the dental field [3] - The company plans to enhance R&D competitiveness by establishing laboratories in advantageous regions and increasing investment in key technologies [6] - Emphasis is placed on protecting intellectual property and aligning technological innovations with market demands [6] Group 4: Domestic Market Strategy - The company holds a positive attitude towards domestic market expansion, leveraging national policies and enhancing product competitiveness [5] - Strategies include optimizing market approaches and responding to policy changes to increase market share and profitability [5] Group 5: New Production Facilities - A new production park is set to commence construction, with the goal of completing major production workshops this year and starting production next year [4] Group 6: Material Cost Management - The company believes that the cost reduction potential for zirconia materials is limited, emphasizing product quality and maintaining a healthy supply chain [7] - High-value-added product development is prioritized to enhance performance and quality, thereby improving competitiveness and profitability [8]