Group 1: Company Performance - The overseas market showed a good growth trend, achieving revenue of 293,088.14 thousand yuan in 2024, a year-on-year increase of 13.78% [1] - The company has maintained double-digit growth in revenue for three consecutive years, with a three-year compound annual growth rate (CAGR) of 43%, and over 30% CAGR in Europe, North America, and Asia-Pacific regions [2] Group 2: Business Overview - The company is a leading provider of true LED display applications and services, offering a full range of LED display products and professional audiovisual solutions [3] - The company has established a comprehensive global marketing and service network, with a focus on R&D, design, production, sales, and service [3] Group 3: Dividend Distribution - The profit distribution plan for 2024 has been approved, with a cash dividend of 1.5 yuan per 10 shares, totaling 55,365,047.55 yuan [4] - The record date for the dividend distribution is May 27, 2025, and the ex-dividend date is May 28, 2025 [4] Group 4: Development Strategy - The company's development strategy focuses on technology leadership, high-quality LED display products, lifecycle service, and a global sales network to attract quality customers and expand business scale [4] - The company aims to enhance six core competencies to support the execution of its strategy: maintaining technological leadership, leveraging brand influence, building service advantages, creating cost competitiveness, expanding sales channels, and fostering organizational culture [4] Group 5: Industry Outlook - The global LED display market is expected to reach approximately 53.5 billion yuan in 2024, continuing a growth trend [4] - The actual production and sales volume of LED displays is maintaining a double-digit growth rate, with an expected steady growth rate of about 8% in the coming years [4]

Business Model and Market Strategy - The company provides high-quality LED display equipment and control solutions, utilizing a combination of order-based and planned production models [1][2] - Sales strategies include direct sales to end customers and a distribution model through contractors and channel partners [2] Competitive Advantages - The company maintains a differentiated core competitiveness, focusing on product quality, technological research and development, marketing services, brand value, and talent development [3] Growth and Profitability - In 2025, the company has established a "251" operational guideline aimed at enhancing strategic focus and operational efficiency, with specific goals for improvement and development [4][9] - The company reported a revenue of ¥665,483,656.24, with a net profit of ¥6,340,256.15, and managed to reduce total expenses by 31.77% year-on-year [8] Technological Innovations - Significant advancements in LED display technology include improvements in contrast ratio by 30% through innovative coating techniques and the development of high-grade fire-resistant products [5][6] - The company emphasizes collaboration with research institutions to drive innovation in LED technology [6] Strategic Adjustments - Following the divestment of non-LED businesses in 2023, the company aims to concentrate resources on enhancing its core LED capabilities, despite short-term revenue impacts [7] - The company plans to leverage digitalization for efficiency improvements and cost reductions, ensuring high-quality development [12] Future Development Plans - The company is committed to focusing on the core LED display business, optimizing product offerings, and enhancing brand positioning [11][12] - Future strategies include expanding product applications and strengthening partnerships within the industry ecosystem [10]