Group 1: Financial Performance - In 2024, the company achieved a sales revenue of 6.672 billion RMB, representing a year-on-year growth of 11.46% [6] - The net profit attributable to the parent company was 209 million RMB, with a year-on-year increase of 15.5% [6] - The net profit attributable to the parent company after deducting non-recurring gains and losses was 205 million RMB, reflecting a growth of 14.02% year-on-year [6] Group 2: Research and Development - In 2024, the company's R&D investment amounted to 208 million RMB, accounting for 3.12% of total revenue [2] - The focus of R&D is on developing new aluminum alloy materials for automotive lightweighting, with two new materials officially registered [2] Group 3: Market and Business Strategy - The company plans to strengthen its market presence in the automotive lightweighting sector and system windows, aiming for a transition from material sales to post-processing sales [11] - The company has established partnerships with key automotive manufacturers, supplying high-strength aluminum extrusion alloy materials [5] Group 4: Impact of External Factors - The company's overseas business is relatively small, with export sales of 479 million RMB, accounting for 7.18% of total revenue, thus minimizing the impact of U.S. tariff increases [2] - The pricing strategy for products is based on "aluminum ingot prices + processing fees," allowing for some cost transfer during fluctuations in aluminum prices [4] Group 5: Future Outlook - The company anticipates significant growth in the system windows market due to increasing demand for energy-efficient building materials [12] - The automotive lightweighting business is expected to maintain steady growth, with plans to enhance production capacity and processing capabilities [11]