Group 1: Financial Performance - The company reported a net profit of 1.597 million yuan for Q1 2025, achieving a turnaround from losses [1] - The focus for 2025 includes technology innovation, operational management, and cost reduction to ensure stable and high-quality growth [1] Group 2: Growth Opportunities - The company is targeting new market demands driven by AI large models in the security industry, with several new AI+security products entering the project implementation phase [1] - Collaboration with China Mobile aims to expand new business scales in ToC/ToH sectors, leveraging existing advantages while attracting new customer groups [1] Group 3: Industry Outlook - The network security industry is expected to grow significantly, driven by policy support and increasing market demand [2] - The Chinese network security market is projected to grow from $11 billion in 2023 to $17.1 billion by 2028, with a compound annual growth rate (CAGR) of 9.2% [2]

Core Viewpoint - The company achieved a turnaround in Q1 2025, reporting a profit of 1.597 million yuan, marking a significant improvement compared to the same period last year, laying a foundation for stable operations and high-quality development throughout the year [1][2]. Group 1: Financial Performance - The company focused on improving business quality, resulting in a notable increase in gross margin by 8 percentage points year-on-year [1]. - The total operating expenses were reduced by 15% compared to the previous year, enhancing profit potential for the year [1]. Group 2: Strategic Initiatives - The company is actively embracing AI technology, particularly in the AI + security sector, and is accelerating the development of its product matrix to seize market opportunities [1][2]. - The company plans to implement cautious and steady management measures while leveraging breakthroughs in AI large models to drive applications in the security industry [2][3]. Group 3: Collaboration and Innovation - The company aims to maintain close alignment with China Mobile's innovation directions, focusing on areas such as low-altitude economy, integrated vehicle-road-cloud systems, satellite internet, and 5G [3]. - The collaboration with China Mobile is expected to deepen, enhancing the company's service capabilities in the enterprise sector and expanding its security offerings [3][4].