Financial Performance - VTech's revenue decreased by 90% to $9911 million from $10897 million[5] - Gross profit decreased by 81% to $3158 million[5] - Profit attributable to shareholders of the company decreased by 145% to $747 million[5] - Basic earnings per share decreased by 147% to 295 US cents[5] Regional Revenue - North America revenue decreased by 121% to $3983 million, accounting for 402% of group revenue[7] - Europe revenue decreased by 72% to $4290 million, representing 433% of group revenue[7] - Asia Pacific revenue decreased by 56% to $1504 million, making up 152% of group revenue[7] - Other Regions revenue decreased by 113% to $134 million, which is 13% of group revenue[7] Product Line Performance in North America - ELPs revenue fell 254% to $1670 million[17] - TEL products revenue fell 80% to $848 million[23] - CMS revenue increased 69% to $1465 million[27] Product Line Performance in Europe - ELPs revenue increased by 55% to $1446 million[30] - TEL products revenue increased 245% to $1052 million[40] - CMS revenue decreased 255% to $1792 million[44] Product Line Performance in Asia Pacific - ELPs revenue decreased 56% to $334 million[50] - TEL products revenue decreased 82% to $89 million[50] - CMS revenue fell 54% to $1081 million[54]

Core Viewpoint - The collaboration between Guangdong and Guangxi (粤桂协作) is enhancing regional economic development through industrial cooperation, talent exchange, and consumer support, ultimately promoting common prosperity and sustainable growth in the region [1][3][4]. Industrial Development - The establishment of the Shenzhen-based deep manufacturing industrial park in Baise, Guangxi, is expected to achieve an annual output value of over 1 billion yuan, with a total projected output of 1.5 billion yuan for the park [2][4]. - Guangxi is set to build 50 projects focused on extending and strengthening industrial chains, with 49 unique industrial categories being developed [3]. - The collaboration has led to the creation of 787 new enterprises and 125 industrial parks, generating an industrial agglomeration effect with an estimated output value of 600 billion yuan [4][5]. Employment and Labor Services - The collaboration has facilitated the creation of 3,500 job opportunities in the Shenzhen Longgang-Baise Jingxi cooperation industrial park, with significant employment support for local residents [6][7]. - Over 42,000 rural laborers have been stabilized in employment through various initiatives, including the establishment of 126 labor markets and 59 employment bases [9]. - The "Sunshine Quick Hire" labor market has successfully connected over 20,000 individuals with job opportunities, enhancing employment services in the region [8][9]. Talent Exchange and Support - The "group-style" assistance model has brought in 219 retired experts to support local healthcare and education sectors in Baise, enhancing the quality of services [10][11]. - Since 2024, over 1,300 professional technical talents have been dispatched from Guangdong to Guangxi, contributing to local capacity building [12]. Consumer Support and Agricultural Development - The collaboration has facilitated the sale of over 36 billion yuan worth of agricultural products and handicrafts from Guangxi to Guangdong, enhancing market access for local farmers [15]. - The introduction of new agricultural products, such as mango ice cream, has significantly increased the processing capabilities in Guangxi, contributing to an estimated total industrial output of 210 billion yuan [14][15]. - The promotion of local brands and products through events has helped raise awareness and demand for Guangxi's agricultural offerings in larger markets [13][14]. Tourism and Cultural Integration - The integration of tourism with local cultural elements has led to a 23.38% increase in domestic tourist visits to Daxin County, generating significant revenue [16]. - The collaboration has fostered the development of cross-border tourism products, enhancing the region's attractiveness to visitors [16].

Financial Performance - VTech's revenue increased by 1.5% to US$2,177.2 million, compared to US$2,145.7 million in the previous year[5] - Gross profit rose by 8.2% to US$686.8 million, with the gross profit margin improving to 31.5% from 29.6%[5, 13] - Profit attributable to shareholders decreased by 5.9% to US$156.8 million[5] - Total dividend per share decreased by 6.2% to 61 US cents[5] Regional Performance - Europe became VTech's largest market, with revenue increasing by 8.2% to US$960.7 million, representing 44.1% of group revenue[7, 36] - North America's revenue decreased by 3.2% to US$893.1 million, accounting for 41.0% of group revenue[7, 21] - Asia Pacific's revenue fell by 5.3% to US$300.9 million, making up 13.8% of group revenue[7, 52] - Other Regions' revenue increased significantly by 31.6% to US$22.5 million, contributing 1.1% of group revenue[7, 63] Product Line Performance in North America - ELPs revenue in North America increased by 7.0% to US$444.9 million[20, 21] - TEL products revenue in North America fell by 11.0% to US$178.8 million[20, 29] - CMS revenue in North America decreased by 11.9% to US$269.4 million[20, 33] Product Line Performance in Europe - TEL products revenue in Europe increased significantly by 173.8% to US$211.4 million[35, 42] - ELPs revenue in Europe fell by 2.7% to US$307.0 million[35, 36] - CMS revenue in Europe decreased by 10.7% to US$442.3 million[35, 45]