Group 1 - The company has formed a dual business structure focusing on "elevator control system-related products and military simulation system products" following the completion of the acquisition of Lingwei Junrong [1] - In 2024, the company achieved operating revenue of 469 million yuan, a decrease of 6.80% compared to the previous year, primarily due to a downturn in the real estate market affecting the elevator and elevator parts industry [1] - The company anticipates challenges in the elevator parts sector due to insufficient demand, overcapacity, and intensified competition, which have negatively impacted revenue and profits [1] Group 2 - The military simulation market is projected to grow significantly, with the global market expected to reach 121.6 billion dollars by 2027, and China's military simulation software market anticipated to exceed 20 billion yuan [2] - The company's products are primarily used in tactical training for aviation troops and aviation equipment support, with ongoing integration efforts between the company and Lingwei Junrong to leverage resource advantages [2] - A new 1,700 square meter facility for Lingwei Junrong has been established, focusing on collaborative R&D in areas such as cockpit data collection systems and load control systems [2] Group 3 - The collaboration between the company and Lingwei Junrong enhances hardware product competitiveness through the integration of the company's electromechanical product capabilities and Lingwei Junrong's advanced software simulation technology [3] - This partnership is expected to drive advancements in the military simulation industry and create greater market value and competitive advantages for the company in the future [3]

Group 1 - The company held its 2024 online performance briefing on May 19, 2025, to discuss operational performance and future plans with investors [1][2] - In 2024, the company achieved revenue of 469,138,106.22 yuan, a decrease of 6.80% compared to the previous year, primarily due to challenges in the real estate market affecting the elevator and elevator parts industry [1] - The company has established a dual business model focusing on "elevator control system products and military simulation system products" following the acquisition of Lingwei Military Simulation [1][2] Group 2 - The profit distribution plan for 2024 includes a cash dividend of 0.30 yuan per 10 shares, totaling 8,759,713.20 yuan, to be distributed within two months after the meeting [1] - The company is optimistic about fulfilling its performance commitments for 2025 and is actively working on integrating resources with Lingwei Military Simulation [1][2] - Future development will focus on enhancing the elevator control system product line and exploring IoT-based remote monitoring in the elevator sector, as well as upgrading military simulation products using large language models [2]