Core Viewpoint - The company reported significant growth in revenue and net profit for Q1 2025, driven by strong demand in the wind power sector and increased sales in electronic fabric products [2][5]. Group 1: Financial Performance - In Q1 2025, the company achieved total revenue of 4.5 billion yuan, a year-on-year increase of 32%, with net profit attributable to shareholders reaching 730 million yuan, up 109% [2]. - The company's net profit excluding non-recurring items was 740 million yuan, reflecting a substantial increase of 342% year-on-year [2]. Group 2: Business Segments - **Roving Business**: Revenue from roving products is estimated at 3.6 billion yuan, a year-on-year increase of 29%. The sales volume reached 800,000 tons, up 16% year-on-year, benefiting from the high demand in the wind power sector [3]. - The profit from roving products, excluding non-recurring items, is estimated at 620 million yuan, a year-on-year increase of 292%, with per-ton profit close to 800 yuan, up 238% year-on-year [3]. - **Electronic Fabric Business**: Revenue from electronic fabric is estimated at 750 million yuan, a year-on-year increase of 46%. The sales volume reached 250 million meters, up 33% year-on-year [4]. - The profit from electronic fabric, excluding non-recurring items, is estimated at 100 million yuan, with per-meter profit showing significant growth year-on-year [4]. Group 3: Future Outlook - The company anticipates continued growth in the roving business driven by increasing demand for wind power yarn, with expectations of improved supply-demand dynamics in the fiberglass industry [5]. - The company plans to enhance its production capacity in electronic fabric, with a new production line expected to commence construction in 2025 and be operational by 2026, which will increase annual production capacity to approximately 1.3 billion meters [4][5].