Group 1: Investor Relations Activity Overview - The investor relations activity was an earnings briefing held on May 8, 2025, via an online platform [3] - Participants included the Chairman and General Manager Chen Yu, Secretary of the Board and CFO Zhao Weicai, and sponsor representative Xie Deyong [3] Group 2: Product Development and Market Competitiveness - In 2024, the company completed several R&D projects, enhancing market competitiveness through new products [4] - Key projects included flame-retardant nylon tubes for electric vehicle fire systems, bicycle brake tubes, and photocatalytic antibacterial agents [4] Group 3: Financial Performance and Growth Drivers - The company reported a 27.35% increase in operating profit compared to the previous year, driven by new product development and improved processes [5] - The introduction of new technologies and equipment led to reduced material costs and increased profit margins [5] Group 4: Asset Utilization and Expansion Plans - Fixed assets increased significantly due to the completion of new factory buildings, with high utilization rates to meet business demands [6] - The company aims to leverage its status as a key enterprise in the Jinwan District to expand market share and innovate products [7] Group 5: Investment and Financial Strategy - The company holds a 76% stake in Zhuhai Sidaben Technology Co., Ltd., funded by its own resources, which is expected to enhance profitability and competitiveness [8] - A dividend plan has been established, proposing a distribution of 2 yuan per 10 shares and a stock bonus of 1 share [10] Group 6: Future Plans and M&A Strategy - The company is open to acquisition opportunities that align with its strategic direction and will communicate any developments to investors [9]