Core Viewpoint - The company, China Electric Port, serves as a crucial distributor in the electronic information industry, connecting upstream manufacturers with downstream electronic product manufacturers, ensuring supply chain stability. The company has diversified its operations beyond authorized distribution into three main business segments: design chain services, supply chain collaborative services, and industrial data services. The growth in 2024 is expected to be driven by demand for storage and processors, particularly in consumer terminals and AI servers, with a notable increase in accounts receivable in Q1 2025 due to heightened demand in these areas [1][2][3][4][5][6]. Group 1 - The company acts as a key "link" in the electronic information industry, connecting component manufacturers with downstream manufacturers, ensuring supply chain stability through efficient allocation of resources [2]. - The company has three additional business segments: design chain services, supply chain collaborative services, and industrial data services, which are strategic extensions of its core distribution business [3]. - Design chain services focus on hardware design support and technical solution development, while supply chain collaborative services provide comprehensive logistics and customs solutions [3]. Group 2 - The anticipated growth in 2024 is primarily driven by storage and processor sales, with significant demand from consumer terminals and AI servers [4]. - The increase in accounts receivable in Q1 2025 is attributed to the company capitalizing on demand opportunities in the AI server sector, leading to increased revenue and inventory turnover [5]. - Major clients of the company are concentrated in sectors such as consumer electronics, artificial intelligence, industrial electronics, network communication, and automotive electronics [6].