Financial Performance - In 2024, the company achieved operating revenue of 1.035 billion yuan, representing a year-on-year increase of 7.65% compared to 2023 [1][2] - The net profit attributable to shareholders was -76.06 million yuan, a decline of 88.08% from -40.44 million yuan in the previous year [1][2] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -82.48 million yuan, down 72.36% from -47.86 million yuan in the previous year [1][2] - The net cash flow from operating activities was -134.39 million yuan, a significant decrease from 138.06 million yuan in the previous year, marking a change of -197.35% [1][2] Q1 2025 Performance - In the first quarter of 2025, the company reported operating revenue of 19.21 million yuan, an increase of 3.71% year-on-year [3] - The net profit attributable to shareholders was -2.21 million yuan, worsening from -0.97 million yuan in the same period last year [3] - The net profit attributable to shareholders after deducting non-recurring gains and losses was -2.28 million yuan, compared to -1.02 million yuan in the previous year [3] - The net cash flow from operating activities was -2.38 million yuan, a decline from 2.91 million yuan in the same period last year [3] Company Background - The company was listed on the Shenzhen Stock Exchange on January 6, 2021, with an initial issuance of 20 million shares at a price of 38.05 yuan per share [3] - On the first day of trading, the stock reached a peak price of 111.63 yuan, marking a 128.73% increase, but has since experienced a decline and is currently in a state of breaking [3] - The total funds raised during the IPO amounted to 761 million yuan, with a net amount of 676 million yuan after deducting issuance costs [4] - The funds were intended for various projects, including R&D upgrades for full LCD display systems and enhancing cockpit driving experience [4]