Group 1: Business Adjustments - The company has reclassified its business sectors to better reflect its strategic positioning and industry trends, merging the original heat shrink materials and wire industries into the electronic communication sector, and the power and new energy vehicle sectors into the new energy power sector [2][3]. - Product names have been adjusted for clarity, with "electronic products" changed to "electronic materials" and "wire products" to "communication cables," while new energy products have been split into new energy vehicle products and wind power products [3]. Group 2: Financial Performance - The company reported significant growth in its operating performance for 2024 and Q1 2025, driven by increased R&D and market expansion efforts, resulting in revenue growth across electronic materials, communication cables, power products, and new energy vehicle products [4]. - Continuous improvements in automation, production efficiency, and product structure optimization have contributed to enhanced profitability [4]. Group 3: Product and Market Insights - The demand for high-speed communication cables is on the rise, with the company maintaining a high capacity utilization rate and adjusting production resources based on market trends and customer needs [4]. - The 224G high-speed communication cable product has stable yield rates and meets customer demands, with high entry barriers due to complex production processes and stringent quality control requirements [4][5]. Group 4: Strategic Initiatives - The company plans to issue H shares and list them to support its internationalization strategy, enhance its global brand image, and broaden financing channels for ongoing investments in technology R&D, capacity building, and overseas market expansion [5]. - Future investments will focus on addressing existing capacity bottlenecks, with potential acquisitions being evaluated based on strategic alignment, industry trends, and cost considerations [5].