Core Viewpoint - The "Clean Bangkok Air" project has been officially launched, marking a significant step for Lihua Technology in its international strategy to improve air quality in Bangkok through advanced environmental monitoring technology [2][3] Group 1: Project Overview - The project is a collaboration between the Bangkok municipal government, the Chinese Academy of Environmental Sciences, the Thai Industrial Federation, and Lihua Technology, aimed at addressing severe air pollution issues in Bangkok caused by industrial emissions, traffic exhaust, and seasonal agricultural particulate matter [2] - The project team will conduct systematic research to analyze the causes of heavy pollution in Bangkok and provide scientific decision-making and refined control solutions for local air pollution management [2] Group 2: Technological Contributions - Lihua Technology will leverage its technical advantages by providing a complete set of air quality automatic monitoring equipment that integrates AI and big data analysis, ensuring high-quality data support and preliminary analysis [2] - The project will feature a "super station" that acts as the "brain" of air quality monitoring, capable of 24-hour online monitoring of all particulate pollution sources and components [2] Group 3: Company Performance and Growth - Lihua Technology reported a revenue of 774 million yuan for 2024, representing a year-on-year growth of 15.01%, with R&D expenses reaching 93 million yuan and sales expenses at 114 million yuan, both showing significant growth [3] - The company added 234 new effective patents and participated in the formulation of 60 national industry standards in 2024, with over 95% of core components of its domestically developed intelligent monitoring system being independently controllable [3] Group 4: Market Expansion and International Strategy - Lihua Technology has successfully expanded its market presence by winning national atmospheric monitoring network operation projects and provincial control station projects in various regions, including Yunnan and Hunan [3] - The company is actively responding to the "Belt and Road" initiative, accelerating its overseas market layout, with its products and technologies already applied in over ten countries and regions globally, showcasing the international competitiveness of Chinese environmental technology enterprises [3]