Company Overview - The company did not experience any changes in its controlling shareholder or actual controller during the reporting period [3] - The company has no preferred shareholders or related bond situations during the reporting period [3][4] Financial Highlights - The company plans not to distribute cash dividends, issue bonus shares, or increase capital through reserves [2] - The company approved a cash dividend distribution of 2.00 RMB per 10 shares (including tax) for the 2024 fiscal year, totaling 96,630,726.00 RMB distributed in May 2025 [6] Strategic Developments - On January 6, 2025, the company signed a strategic cooperation agreement with Shenzhen Huixin Communication Technology Co., Ltd. to enhance technological progress and industry development in the communication and ultra-wideband semiconductor sectors [3] - The company obtained 17 domestic patents during the reporting period [9] Management Changes - The company’s co-general manager Ying Xiang resigned due to retirement, effective upon the submission of his resignation report [3] - The company appointed Xu Jingbin as the new deputy general manager and nominated him as a candidate for a non-independent director [4] - The company’s board secretary Liu Haibing resigned due to work adjustments, and Li Yanzhen was appointed as the new board secretary [5][7] - Vice General Manager Li Wei also resigned for personal reasons during the reporting period [7] Legal Matters - The company is involved in a legal case with the U.S. International Trade Commission (ITC) regarding allegations of patent infringement, with ongoing responses to appeals and hearings [8]