Group 1: Company Goals and Strategies - The company aims to focus on "cost reduction and efficiency enhancement" for 2025, with an emphasis on global market expansion, including establishing a company in Thailand and building an overseas production base [2]. - The new product development is driven by market demand and customer value, utilizing a dual innovation system that involves deep customer engagement from the design phase [2][3]. Group 2: Product Development and Market Trends - The company is actively tracking trends in energy efficiency upgrades in downstream industries such as new energy and data centers, developing forward-looking products accordingly [3]. - A closed-loop system is established for product development, involving dynamic communication with strategic customers to ensure successful commercialization [3]. Group 3: Product Focus and Market Potential - The core products are focused on heat exchangers and automotive air conditioning components, with potential expansion into temperature control systems based on market demand in data centers and new energy vehicles [3]. - The company will continue to monitor customer needs and technological integration trends to conduct system compatibility research [3]. Group 4: Financial Performance and Cost Management - The decline in gross margin is attributed to both customer price reductions and rising raw material costs [3]. - Future strategies to manage gross margin include technological innovation, iterative design processes, and cost control measures such as raw material price locking and smart manufacturing to reduce labor costs [3].