Summary of Key Points Core Viewpoint - The company held its 2024 annual performance briefing on May 15, 2025, to discuss financial results and future growth strategies with investors [1]. Financial Performance - In 2024, the company achieved operating revenue of 1.965 billion yuan, with main business revenue of 1.932 billion yuan, reflecting a year-on-year increase of 1.39% [2]. - The net profit attributable to shareholders was 39.4743 million yuan, representing a year-on-year increase of 4.29% [2]. Future Growth Drivers - The company aims to enhance its core competitiveness across various business segments by focusing on quality improvement, increasing output, and strengthening foundational capabilities [2][3]. - Key strategies include leveraging opportunities in the instrument and testing sectors, enhancing certification services, and integrating artificial intelligence to improve service capabilities [3]. Industry Overview - The automotive industry in China saw production and sales of 31.282 million and 31.436 million vehicles in 2024, respectively, with year-on-year growth of 3.7% [4]. - The automotive electronics market is projected to grow from 1.0973 trillion yuan in 2023 to 1.1585 trillion yuan in 2024 [6]. - The global market for testing, inspection, and certification services is expected to reach approximately 1.171 trillion yuan in 2024, with a compound annual growth rate (CAGR) of 4.5% projected until 2031 [5]. Market Trends - The third-party inspection and testing sector is expanding into new fields such as healthcare and new energy, driven by increasing demand for quality assurance in manufacturing [7]. - The integration of advanced technologies like big data and artificial intelligence is enhancing the efficiency and accuracy of testing processes [7]. Company Strategy - The company is committed to becoming a leading provider of smart hardware and industrial intelligent solutions, focusing on R&D investment and market expansion to improve profitability [8].