Group 1: Company Overview and Market Position - The company focuses on high-quality anti-theft display products, leveraging market-oriented strategies and technological innovation for development [4] - The company has established a new governance system in 2024 to enhance internal control and compliance management [5] - The company has a stable credit policy for major clients, ensuring no significant impact on sales collection speed despite minor changes in accounts receivable [5] Group 2: Financial Performance - In 2024, the company's revenue reached ¥159,229,237.81, a year-on-year increase of 36.63% [9] - Research and development (R&D) expenses amounted to ¥12,038,620.12, representing 7.56% of revenue, with a year-on-year growth of 62.86% [6] - Management expenses increased by 37.98%, but the overall expense ratios remain stable, indicating no significant pressure on profit growth [9] Group 3: Strategic Initiatives - The company plans to build a new production base on the acquired land in Fuyang District, enhancing its operational capacity [8] - The company aims to increase its domestic market presence while maintaining its international market expansion strategy [6] - The company is committed to continuous technological upgrades and digital transformation in its production processes [12] Group 4: Customer and Market Development - The company maintains long-term partnerships with major brands like Huawei, Xiaomi, and OPPO, while also exploring new customer segments [10] - The company’s products are sold in over 70 countries and regions, with ongoing efforts to enhance brand recognition and market share [15] - The company emphasizes innovation and market research to adapt to consumer electronics trends and demands [11]