Financial Performance - The company's revenue for 2024 increased by 25.75% year-on-year, driven by steady sales growth across product lines and a 16.6% rise in raw material prices, which affected the sales prices of solder paste and related products [2] - The profit distribution plan for 2024 proposes a cash dividend of 8.00 CNY per 10 shares (including tax), totaling 68,022,400 CNY, along with a capital reserve increase of 4.5 shares for every 10 shares [6] Strategic Initiatives - The company is focused on enhancing gross margins through strategic investments in semiconductor and photovoltaic industries, continuous R&D, and risk management via futures hedging [1] - Future market expansion plans include a commitment to the "Six-Five Strategic Plan," targeting Southeast Asia and the Americas to increase global market share [2] Cost Control Measures - Effective cost control measures include optimizing business processes, improving financial management, and utilizing digital management to enhance operational efficiency [3] - The company aims to mitigate the impact of metal price fluctuations on gross margins through hedging strategies [3] Market Position and Competitive Advantage - The company holds a leading position in the domestic microelectronics soldering materials sector, particularly in solder paste and flux, supported by advanced technology and stable product quality [4] - A comprehensive product matrix has been established, transitioning from electronic assembly materials to reliability materials, enhancing market competitiveness [5] International Expansion - The company has established branches in six locations: Hong Kong, Singapore, Mexico, the USA, Vietnam, and Thailand, with plans for further international market development [6] - The focus is on strengthening brand presence and expanding market share globally through high-quality products and services [6] Collaboration and Partnerships - A strategic partnership with Shenzhen Youwei Gaole Technology Co., Ltd. was formed to enhance capabilities in the electronic adhesive market, with the company acquiring a 20% stake [7] - The collaboration aims to leverage both parties' strengths to expand the reliability materials sector [7] Customer Base - The company serves a diverse range of industries, including telecommunications, consumer electronics, and renewable energy, with notable clients such as Huawei, BYD, and Gree Electric [8]