Group 1 - The company reported total assets of approximately 3.94 billion RMB at the end of the reporting period, a decrease of 0.43% compared to the previous year [1] - The company's operating income for the reporting period was approximately 603.48 million RMB, representing an increase of 4.17% year-on-year [1] - The company experienced a net loss attributable to shareholders of approximately 19.15 million RMB, contrasting with a net profit of approximately 37.78 million RMB in the same period last year [1] Group 2 - The net cash flow from operating activities was approximately -129.93 million RMB, compared to -106.55 million RMB in the previous year [1] - The company had a total of 6,756 shareholders at the end of the reporting period [2] - The major shareholders include Yuan Meihe with 17.11% and Greenmei Co., Ltd. with 10.41% [2][3]

Core Viewpoint - The global PCD cutting tools market is projected to reach USD 1.39 billion by 2031, with a compound annual growth rate (CAGR) of 5.5% from 2025 to 2031, indicating a stable and healthy growth trajectory [4]. Market Size and Growth (Macro Outlook) - The market size is expected to reach USD 1.39 billion by 2031, with a CAGR of 5.5% from 2025 to 2031, reflecting a stable growth trend [4]. Competitive Landscape (Market Concentration) - The market is characterized by high concentration, with the top ten manufacturers, including Sandvik Group and Kyocera, holding approximately 61.0% of the market share [5][3]. Product Segmentation - The leading product type is PCD turning tools, which account for about 29.7% of the total market share, highlighting its fundamental and widespread application in machining [11]. Application Fields - The automotive industry is the largest downstream demand sector, representing approximately 46.7% of total demand, making it a critical pillar for the industry [12]. Key Driving Factors - PCD tools offer advantages such as longer tool life, higher workpiece quality, greater process reliability, and lower scrap rates, which help reduce processing costs [16]. - The development of downstream industries also drives demand for PCD tools, particularly in applications like cutting ultra-thin LTPS LCD panels [16]. Major Obstacles - Changes in supply chains within the automotive and other downstream industries pose challenges [17]. - Global economic weakness and significant currency fluctuations complicate business operations [17]. - The decline in internal combustion engine numbers due to the mobility revolution leads to weakened demand [17]. Industry Development Trends - Competition among suppliers is expected to intensify during the forecast period, with a focus on price, user-friendly interfaces, value-added services, and service combinations [18]. - Technological innovation plays a crucial role in market growth, necessitating suppliers to develop new ideas and technologies [18]. - Increased online shopping preferences due to busy lifestyles and the proliferation of digital devices are driving online sales, often at lower prices than physical stores [18].