Group 1: Financial Performance - The company's net profit for Q1 2025 is expected to show significant year-on-year growth, indicating sustainability in this growth trend [2] - R&D expenses as a percentage of revenue for 2024 and Q1 2025 are 4.54% and 3.82% respectively, reflecting ongoing investment in innovation [3][4] - The company has completed a share buyback plan amounting to 15,033,375.47 yuan (excluding transaction fees) as of February 2025 [5] Group 2: Market Expansion and Strategy - The company plans to maintain a good industry outlook in 2025, focusing on product development, market expansion, customer service, and internal management [2] - The international brand customer revenue accounts for approximately 20% of total revenue, with ongoing efforts to enter the core supplier systems of international clients [4] - Future plans include a commitment to internationalization, enhancing service capabilities, and improving product quality to attract more global clients [4] Group 3: Product Development and Innovation - The company is actively developing new products such as integrated electric products, with a focus on high value-added offerings [3][4] - Ongoing research and development efforts are aimed at enhancing product quality and service, with a strong emphasis on technological innovation [4] - The company is exploring advancements in robotics and related technologies, with plans to comply with relevant regulations for any future developments in this area [4] Group 4: Shareholder Engagement and Value Return - The profit distribution plan for 2024 aims to reward shareholders while ensuring the company's sustainable development [5] - The company has maintained a cash dividend payout ratio exceeding 60% since its listing, with specific ratios of 61.25%, 60.97%, and 60.36% for the years since [5] - Efforts to enhance communication with various investors are ongoing to better convey and promote the company's value [5]

Group 1: Financial Performance - In 2024, the company reported a revenue of 621 million yuan, a decrease of 4.58% year-on-year, and a net profit attributable to shareholders of 42.70 million yuan, down 13.04% year-on-year [1] - For Q1 2025, the company achieved a revenue of 176 million yuan, an increase of 10.05% year-on-year, and a net profit attributable to shareholders of 14.66 million yuan, up 66.39% year-on-year [1] Group 2: Cash Dividend and Share Buyback - The company plans to distribute a cash dividend of 2.6 yuan per 10 shares, totaling 25.77 million yuan, with a cash dividend ratio of 60.36% for 2024 [2] - Since its listing in 2022, the company has maintained a high dividend policy, with cash dividend ratios exceeding 60% from 2022 to 2024 [2] - In 2024, the total amount for cash dividends and share buybacks reached 36.24 million yuan, accounting for 84.88% of the net profit attributable to shareholders [2] Group 3: Industry Position and Product Development - The company has been deeply involved in the forklift transmission industry for many years, being one of the first private enterprises in China to enter this field and successfully entering the supply chain of international forklift manufacturers [3] - The company has developed a complete core technology system for forklift transmissions, including noise analysis and control technology, gear optimization design technology, and electro-hydraulic control technology [3] - In 2024, the company sold 91,300 units of electric forklift transmissions, receiving high recognition from downstream customers [4] Group 4: Future Outlook and Strategic Initiatives - The company is focusing on the new energy forklift market, having established a production line for 80,000 sets of electric forklift drive units and is advancing the industrialization and scale production of specialized transmission devices for new energy logistics [4] - Looking ahead to 2025, the company aims to expand its core products, including high-end internal combustion forklift transmissions and electric forklift transmissions, while actively developing high-value-added new products [4]