Core Viewpoint - The company has implemented an action plan focused on enhancing quality, efficiency, and shareholder returns, demonstrating a commitment to sustainable development and innovation in its core business areas [1]. Group 1: Business Development - The company is focusing on its core business and has established strategic partnerships with over 100 major clients in the oil and gas sector, stabilizing its market share [2]. - The company is actively tracking new projects in coal chemical, fine chemical, new energy, and hydrogen sectors, with an estimated investment of nearly 700 billion yuan in the coal chemical industry from 2025 to 2028 [2]. - The company has expanded its traditional oil and gas explosion-proof business into smart safety system contracting, increasing revenue from new fields such as food, pharmaceuticals, and military applications [2]. Group 2: Innovation and Technology - The company has completed the layout of a "microgrid" system in the new energy sector, aligning with national green and energy-saving strategies, and is expected to generate revenue this year [3]. - The company has transformed from a manufacturer of explosion-proof equipment to a provider of intelligent system services, achieving 360 million yuan in revenue from safety intelligence business in 2024 [3]. - The company has developed 15 intelligent control subsystems, covering the entire technical chain solutions for "smart factories," and is exploring automation in the medical field [3][4]. Group 3: International Expansion - The company is advancing its global strategy by establishing international operation centers in the Middle East, Europe, and Southeast Asia, with plans to expand into Africa and South America [6]. - The company has initiated a new round of overseas market layout, enhancing local production capabilities and establishing a closed-loop service system for efficient delivery and response [5][6]. Group 4: Financial Performance and Shareholder Returns - The company has maintained a high dividend payout policy, distributing 1 yuan per share in cash dividends for 2024, totaling approximately 337.53 million yuan, with a cash dividend ratio of 73.01% [8]. - Cumulatively, the company has distributed around 1.937 billion yuan in cash dividends since its listing, reflecting its commitment to shareholder returns [8]. Group 5: Governance and Compliance - The company is enhancing its governance structure, ensuring clear responsibilities among the board, management, and committees, and has revised its governance documents to strengthen operational compliance [9]. - The company is focusing on training and enhancing the capabilities of its key personnel, including board members and senior management, to improve risk management and operational effectiveness [9][10].