Core Viewpoint - The company reported a significant increase in revenue but a decline in net profit, indicating challenges in profitability despite strong sales growth in the battery sector [3]. Financial Performance - Total revenue for the reporting period reached 28.17 billion yuan, a year-on-year increase of 30.06% [3]. - Net profit attributable to shareholders was 1.60 billion yuan, down 24.90% compared to the previous year [3]. - Net profit excluding non-recurring items was 1.16 billion yuan, a decrease of 22.82% year-on-year [3]. - Basic earnings per share were 0.78 yuan, a decline of 25.00% [3]. - Diluted earnings per share were 0.74 yuan, down 28.85% [3]. - The weighted average return on equity was 4.20%, a decrease of 1.77% from the previous year [3]. Operational Highlights - The company achieved a battery shipment of 21.48 GWh for power batteries, representing a year-on-year growth of 58.58% [1]. - Energy storage battery shipments reached 28.71 GWh, an increase of 37.02% year-on-year [1]. - The company has launched various product lines to cater to low-altitude economy, humanoid robots, and passenger vehicles [2]. Strategic Developments - The company is advancing its global manufacturing and delivery strategy, enhancing its international presence and local operations [4]. - The Malaysian battery production base is the first overseas facility to achieve mass production, covering a full range of consumer, power, and energy storage batteries [4]. - The successful launch of the Malaysian factory is expected to significantly enhance the company's overseas delivery capabilities and expand its influence in Southeast Asia, Europe, and North America [4].