Group 1: Financial Performance and Shareholder Engagement - The company will hold the 2024 annual shareholders' meeting on May 23, 2025, to review the profit distribution plan for 2024 [1] - As of December 31, 2024, the company has 6,280 employees [1] - The company's net profit attributable to shareholders, excluding non-recurring gains and losses, increased by 193.35% year-on-year in 2024 [6] Group 2: Market Position and Stock Performance - The company's stock price is influenced by macroeconomic factors, industry environment, and market sentiment, despite stable business development [2] - The company aims to enhance communication with the capital market to boost investor confidence [2] Group 3: Global Expansion and Business Strategy - The company has established five modern production bases in China and abroad, with a marketing service network covering over 160 countries and regions [2] - Future plans include deepening global expansion, particularly in emerging markets like Southeast Asia, the Middle East, and Africa, leveraging the "Belt and Road" initiative [2] Group 4: Technological Innovation and R&D Focus - The company will focus on two core business areas for technological breakthroughs: mechanical manufacturing and digital marketing [6] - Key R&D directions include "permanent magnet," "variable frequency," and "electronic control" technologies to enhance product competitiveness [6] Group 5: Product Development and Market Adaptation - The company plans to increase investment in photovoltaic pump technology to improve product performance in complex environments [4] - Strategies will include tailored marketing approaches based on local cultural preferences to better integrate into different markets [5]