Core Viewpoint - The company has developed a "Quality Improvement and Efficiency Enhancement" action plan for 2025 to promote high-quality development and protect investor rights, which has been approved by the board of directors [1][8]. Group 1: Business Focus and Strategy - The company focuses on enhancing its core competitiveness in the integrated cooking appliance sector, aiming to create products that meet user needs and provide a safe, healthy, and intelligent cooking environment [1][2]. - The company has maintained its leading position in the sales of integrated steam and baking appliances in China for six consecutive years from 2019 to 2024, according to Euromonitor International [1]. - In response to market challenges, the company has diversified its product offerings, including ovens, steamers, and integrated cooking centers, to better align with consumer preferences [2][3]. Group 2: Innovation and Technology - The company emphasizes core technology innovation and has the capability to independently design and develop key components of integrated cooking appliances [3][4]. - Collaborations with universities and research institutions, such as Zhejiang University, have been established to enhance product innovation and smart technology integration [3][4]. - The company has participated in the formulation of 76 standards, including 3 ISO international standards, and holds a total of 420 patents, showcasing its commitment to innovation [3][4]. Group 3: Governance and Investor Relations - The company prioritizes a robust governance structure to support high-quality development, ensuring effective decision-making and oversight through its board and committees [5][6]. - The company has consistently implemented cash dividends since its listing, with a total of approximately 557 million RMB distributed to shareholders, reflecting a commitment to enhancing investor returns [6][7]. - The company maintains transparent communication with investors through various channels, ensuring they are well-informed about significant developments and operational performance [7][8].