Financial Performance - The company reported a revenue of 709.57 million yuan, representing a year-on-year increase of 14.46% compared to 619.91 million yuan in the same period last year [1][3] - The net profit attributable to shareholders decreased by 11.57% to 44.29 million yuan from 50.08 million yuan in the previous year [1][3] - The net profit after deducting non-recurring gains and losses was 38.07 million yuan, down 14.31% from 44.43 million yuan [1][3] - The net cash flow from operating activities fell significantly by 73.56% to 79.35 million yuan from 300.07 million yuan [1] - Basic and diluted earnings per share decreased by 9.09% to 0.20 yuan from 0.22 yuan [1] - The weighted average return on equity declined to 3.70% from 4.47% [1] Asset and Equity Position - Total assets increased by 7.35% to 2.12 billion yuan from 1.98 billion yuan at the end of the previous year [1] - The net assets attributable to shareholders rose by 3.97% to 1.23 billion yuan from 1.18 billion yuan [1] Business Development - The company is advancing Mini-LED technology into automotive and other sectors, accelerating mass production in the automotive business [2][4] - The company is benefiting from early deployment of LIPO technology, with products gradually entering mass production driven by market demand [2] - The company is increasing investment in precision components to expand into emerging smart hardware and related precision component businesses [2] Technology and Innovation - The current Mini-LED technology being researched can be applied to automotive displays, tablets, laptops, televisions, monitors, and smart wearables [4] - The company has begun bulk shipments to automotive, VR, and consumer clients [4] - The company has developed LIPO technology that enhances the structural strength and sealing of OLED modules, improving screen-to-body ratio and product reliability [4]

Group 1: Financial Performance - In 2024, the company achieved a revenue of 1.32 billion CNY, representing a year-on-year growth of 28.64%. The net profit attributable to shareholders was 106 million CNY, up 132.90%, and the net profit excluding non-recurring items was 94 million CNY, a significant increase of 1,813.63% [2] - In Q1 2025, the company reported a revenue of 340.73 million CNY, a year-on-year increase of 15.18%. The net profit attributable to shareholders was 30.61 million CNY, growing by 51.88%, while the net profit excluding non-recurring items reached 26.92 million CNY, up 57.19% [2] Group 2: Business Strategy - The company has established a diversified business layout of "1+2+N", focusing on consumer electronics as the core business, with a steady recovery in profitability due to economic recovery [2] - The two core businesses are the rapidly growing automotive display sector and the mass production phase of LIPO technology, both of which have promising market prospects [2] - The company is actively exploring new growth points in emerging areas such as AR/VR displays and precision structural components [2] Group 3: R&D Innovations - The company adheres to a "technology-driven" business philosophy, focusing on core products to enhance its competitive edge [3] - Ongoing R&D projects include advancements in Mini-LED technology for automotive and VR applications, as well as innovations in OLED display technologies [3] - As of December 31, 2024, the company has filed a total of 543 patents, including 155 invention patents, with 417 granted, showcasing its commitment to innovation [3]