Core Viewpoint - The company held its annual performance briefing for 2024, addressing various investor inquiries and providing updates on its financial and operational status. Group 1: Financial and Operational Updates - The company has resolved most of its illegal guarantee issues and has made progress in internal control measures, as detailed in announcements made on April 30, 2025, and April 28, 2025 [2][3]. - As of the date of the briefing, the company has not been delisted by the Shenzhen Stock Exchange despite being under risk warning [3]. - The company has completed the recovery of 24.19 million yuan from its former controlling shareholder, which was a significant financial concern [3]. Group 2: Future Plans and Strategic Direction - The company plans to enhance its management and operational capabilities in 2025, focusing on improving store profitability and market competitiveness [7]. - The acquisition of 100% equity in Liaoning Shenpeng Electric Power Technology Co., Ltd. has been approved, aligning with national industrial policies and the company's strategic development [7]. - The company aims to expand its business into cable accessories and related products, which are expected to become new growth points for performance [7]. Group 3: Market Perception and Stock Performance - The company's stock price is influenced by various market factors, and there is a recognition of the need for improved market confidence [8][11]. - Despite being recognized for resolving fund occupation issues, the stock price remains under pressure, indicating broader market challenges [8].

Group 1: Company Governance and Management - The management team is focused on resolving historical issues and enhancing corporate governance to ensure high-quality development [2] - The company emphasizes compliance, internal control, and transparency in information disclosure to mitigate operational risks [2] - The management aims to improve the response mechanism for minority shareholders' concerns and safeguard their legal rights [2] Group 2: Market Performance and Stock Management - Investors expressed concerns about the declining stock price and the need for effective market value management [3] - The company has no undisclosed significant information regarding stock buybacks or asset injections from subsidiaries [3] - The management acknowledges the normal fluctuations in stock prices and advises investors to make cautious decisions [5] Group 3: Financial Performance and Future Projections - The company is expected to continue focusing on its core business and enhancing shareholder value through solid performance [2] - Future earnings growth points are anticipated, but specific details will be provided in regular reports [9] - The company plans to enhance management and operational efficiency, particularly for its brand CANUDILO, in 2025 [8] Group 4: Risk Management and Compliance - The company has taken measures to address risk warnings and will disclose progress in future announcements [4] - There are ongoing efforts to resolve non-standard audit opinions from accounting firms, with specific measures outlined in recent disclosures [5] - The company is under scrutiny for potential delisting risks and is actively working to comply with regulatory requirements [13]