Group 1 - The company signed a share acquisition agreement to purchase 55% of Guangdong Chip God Technology Co., Ltd. for RMB 16.5 million, with the actual controllers also acquiring a combined 5% stake [1] - The acquisition will result in the target company becoming a subsidiary of the company, which will consolidate it into its financial statements [1] Group 2 - The target company specializes in the research, development, production, and sales of intelligent lighting control products, being a leading high-tech enterprise in the domestic lighting control system sector [2] - The core R&D team has over 20 years of experience in the lighting control field and possesses key communication application technologies, with products used in various significant projects including tunnels, streetlights, and power plants [2] - The acquisition is expected to enhance the company's competitive edge in the LED lighting driver sector, allowing for resource and technology integration, thereby improving technical barriers and software control capabilities [2] - The target company is currently operating at a loss, but profitability is anticipated to improve following resource integration and empowerment from the company [2]

Group 1: Investor Relations Activity - The company held an annual performance briefing on April 28, 2025, via the investor relations interactive platform [3] - Key attendees included the Chairman, General Manager, CFO, Board Secretary, and sponsor representative [3] Group 2: Financial Performance - In Q1 2025, the company reported revenue of ¥41,652,666.99, a decrease of 1.44% year-on-year [8] - Net profit for the same period was ¥10,582,985.88, an increase of 37.38% year-on-year, with a net profit excluding non-recurring items of ¥10,176,404.58, up 57.65% [8] Group 3: Market Insights - The global dimming power market is projected to grow from $15.9 billion in 2023 to $64.1 billion by 2031, with a CAGR of 19.0% from 2023 to 2031 [6] - The smart lighting control market is expected to increase from $12 billion in 2022 to $20.22 billion by 2031, growing at a rate of 6.2% during the forecast period [6] - The global smart home market is anticipated to reach $222.9 billion by 2027, with a projected growth rate of 60.01% over the next four years [7] Group 4: Strategic Initiatives - The company aims to mitigate the impact of fixed asset depreciation (approximately ¥330,000 annually) through product innovation and market expansion [5] - Future growth will be driven by technological innovation, product diversification, and a marketing strategy focused on both regional and global markets [9] Group 5: Shareholder Returns - The board decided not to implement a capital reserve transfer to increase share capital, prioritizing a reasonable cash dividend plan to provide immediate returns to shareholders [10]