Group 1: Technology and Innovation - Solid State Transformer (SST) has significant potential in flexible interconnection and new energy integration, facing challenges in materials, devices, circuits, control, and systems [2] - The company is focusing on "intelligent" and "high-voltage direct current" trends for circuit breakers, integrating IoT and algorithms for enhanced digital operation and proactive decision-making [2] - Solid-state circuit breakers (SSCB) are being developed to meet the rigid demand for core protection devices in the context of the "dual carbon" strategy and the large-scale integration of renewable energy sources [3] Group 2: Financial Performance - The company's gross margin has experienced fluctuations due to rising raw material prices, intense industry competition, and changes in customer and product sales structures, yet remains at the industry average [2] Group 3: Product Advantages - Solid-state circuit breakers offer advantages over traditional breakers, including microsecond-level fast interruption capabilities, no arc generation, and reduced risk of damage to power systems, enhancing safety and reliability [3] - The intelligent 1U circuit breaker integrates load protection, communication self-recognition, and metering functions, reducing height from 3U to 1U to meet space requirements in communication base station cabinets [3]