Group 1: Market Position and Strategy - The company is a major player in the garden machinery parts industry, partnering with international brands like STIHL and HUSQVARNA [1] - In the automotive parts sector, the company maintains long-term partnerships with clients such as Knorr Group and Gates [1] - The hydraulic parts division has established relationships with leading brands like Caterpillar and Bosch, earning recognition as an "Outstanding Supplier" [1] Group 2: Future Market Expansion - The company plans to focus on both domestic and international market expansion, emphasizing customer needs and market responsiveness [2] - There will be a significant effort to stabilize foreign sales while increasing domestic market penetration [2] - The company aims to explore new customer segments and applications while optimizing product structure and sales strategies [2] Group 3: Financial Performance - The company achieved a turnaround in net profit, driven by a recovery in the garden machinery sector and effective cost management [2] - The first quarter of 2025 also showed growth in both revenue and net profit, indicating a sustainable upward trend [2] - Fluctuations in gross margin were attributed to changes in product structure, exchange rates, and raw material prices [2] Group 4: Product Development and R&D - Key R&D projects for 2024 include the development of various motors and valves for applications in drones, weeding machines, and construction machinery [4] - The company is committed to enhancing product quality and expanding its product line, particularly in the electric vehicle sector [3] Group 5: Customer Relationship Management - The company maintains strong relationships with major clients by ensuring timely responses to their needs and providing high-quality components at reasonable costs [4] - Continuous optimization of design and cost during the service process is crucial for achieving mutual benefits with clients [4]