Group 1 - Shanghai Hengtuo Ship Equipment Co., Ltd., a subsidiary of China Shipbuilding Group, has successfully obtained the BV factory recognition certificate from Bureau Veritas, a leading international certification body [1] - The BV certification indicates that Hengtuo Shipbuilding has reached internationally recognized advanced levels in production facilities, management systems, process flows, quality control, and human resources, particularly for its self-developed anti-roll fin products [1][2] - This certification enhances Hengtuo's competitiveness in the international market and strengthens its global brand influence [1] Group 2 - Hengtuo Shipbuilding's family of anti-roll products has been successfully applied to over 100 vessels, including luxury ferries and scientific research ships, receiving positive feedback [2] - The company is recognized as a leading specialized enterprise in ship equipment and marine equipment development in China, being the only comprehensive service provider for anti-roll devices that integrates design, manufacturing, and service [2] - Hengtuo's anti-roll fin products have been included in the "Shipbuilding Industry Strong Chain Brand Product Directory (2024)," marking them as high-end equipment in domestic shipbuilding [2] Group 3 - Hengtuo Shipbuilding plans to leverage the BV certification as an opportunity to enhance product technology research and development, refine manufacturing processes, and improve quality management systems throughout the product lifecycle [3] - The company aims to accelerate its globalization strategy and provide high-tech, high-value, and high-quality ship equipment to global customers, showcasing the strength and responsibility of Chinese shipbuilding support enterprises on the international stage [3]

Group 1: Financial Performance - R&D investment focuses on new energy ships, film capacitors, and intelligent equipment, contributing to a 41.49% revenue growth in 2024, reaching CNY 278 million [2][3] - The gross margin for the ship power distribution system increased by 2.03%, while the gross margin for the engine room automation system decreased by 10.75% due to product structure and cost changes [3][4] Group 2: Market Strategy and Development - The company is actively pursuing the new energy ship industry, enhancing power system technology, and expanding application scenarios to provide comprehensive solutions [3][4] - Plans to expand production capacity by targeting traditional business growth and penetrating mid-market segments in oil, gas, and bulk carriers [4] Group 3: Corporate Governance and Investor Relations - The company is working on a plan to lift risk warnings by addressing prior accounting errors and will apply for removal after 12 months from the administrative penalty decision [3][4] - Emphasis on market value maintenance and enhancing investor confidence through effective management and increased returns [4] Group 4: Future Outlook - The company anticipates revenue contributions from nuclear power and wind power converter businesses in 2025, contingent on customer demand and competition [3] - The company is committed to leveraging its technological advantages in DC circuit breakers and intelligent engine room systems to capture market share [4]