Core Viewpoint - Gaode Infrared is a leading company in the infrared technology sector in China, focusing on independent innovation and the development of core infrared chips to meet national defense and civilian market needs [1][5]. Group 1: Company Overview - Gaode Infrared, founded in 1999, specializes in infrared core chips, thermal imaging products, and advanced optical systems, and was listed on the Shenzhen Stock Exchange in 2010 [2]. - The company has established three fully autonomous production lines for infrared detector chips, which are widely used in defense, industrial inspection, security monitoring, and consumer electronics [2][5]. Group 2: Financial Performance - In Q1 2025, Gaode Infrared achieved a revenue of 680 million yuan, a year-on-year increase of 45.47%, and a net profit of 83.55 million yuan, up 896.56% [1][3]. - For the year 2024, the company reported a revenue of 2.678 billion yuan, an increase of 10.87%, but incurred a net loss of 447 million yuan, marking its first annual loss since its listing [2][3]. Group 3: Research and Development - In 2024, Gaode Infrared's R&D expenses reached 746 million yuan, a 37.51% increase from the previous year, reflecting the company's commitment to innovation [5]. - The company launched 21 series and 62 models of thermal imaging products, covering key industries such as power, metallurgy, petrochemicals, and intelligent manufacturing [5]. Group 4: Market Strategy and Future Outlook - Gaode Infrared is focusing on the low-altitude economy, leveraging its expertise in intelligent perception and artificial intelligence to develop core products and solutions [6]. - The company aims to drive growth through a dual strategy of military and civilian innovation, enhancing product structure and operational efficiency [6].