Group 1: Company Overview and Performance - The company expects a net profit attributable to shareholders for the first half of 2025 to increase by 45% to 65% compared to the same period last year [1] - The growth in the sensor and digital information control equipment business is the primary contributor to the net profit increase [1] Group 2: Research and Development Initiatives - The company has established a joint R&D center with Zhejiang University, focusing on embodied intelligence [2] - A feasibility report for major projects and four alternative projects is expected to be completed within 1-2 months [2] Group 3: Competitive Advantages - The company's TPMS sensors cover over 95% of global vehicle models, providing a strong competitive edge and brand recognition in the market [2] - The TPMS sensors primarily generate revenue from the aftermarket, which has higher profit margins and better cash flow compared to the OEM market [2] - The NLP sensors are designed to reduce power consumption and are easier to install, significantly lowering installation and maintenance costs for fleets [2]

Group 1: Company Overview and Strategy - The company’s history, development strategy, and main business were introduced by the Secretary of the Board, Li Bin [2] - The company has seen significant growth in TPMS product performance, primarily driven by overseas markets due to technological accumulation and channel development [2] Group 2: Product Performance and Market Insights - In Q1 2025, the growth in TPMS product performance was mainly attributed to the overseas market, while domestic market growth is expected to take time due to the lack of strong standards for aftermarket installations [2] - The company’s self-developed cloud sensor system is being fully promoted in the domestic market, gradually increasing coverage in repair shops [2] Group 3: Competitive Advantages - The company’s NLP technology reduces sensor power consumption and offers advantages in miniaturization and lightweight design, facilitating installation and maintenance [2] - The company has established deep partnerships with well-known overseas fleet service providers, directly serving major clients like Amazon and Coca-Cola [2] Group 4: Collaborations and Future Directions - The company has a long-standing supplier relationship with Zhongce Rubber, primarily providing valve seats [2] - The collaboration with Zhejiang University focuses on intelligent trailer systems and MEMS thermal conductive hydrogen sensors for new energy vehicles, currently in the feasibility study phase [2]