Group 1: Semiconductor Business Progress - The company's semiconductor optical business revenue for 2024 is approximately 17.7 million yuan, with ongoing efforts to expand customer cooperation and enhance technical exchanges [2] - Current semiconductor product offerings include optical lenses for advanced lithography equipment, uniform light and shaping lenses for lighting systems, and laser collimation lenses for measurement devices [2][3] Group 2: Collaboration with Zhejiang University - The company has established a joint laboratory with Zhejiang University, focusing on semiconductor detection technologies and advanced optical components [3] - This collaboration aims to leverage both parties' strengths in precision optical design and manufacturing to enhance talent and research development in the optical field [3] Group 3: Capacity Expansion and Funding - The company has set up an advanced manufacturing process center equipped with high-precision processing and testing equipment, which can meet current and short-term demand for semiconductor business [3] - Future capacity expansion will be considered cautiously, with potential funding through capital markets if business growth exceeds current plans [3] Group 4: Profit Margin Outlook - The company's product gross margin has been affected by rising raw material prices, particularly germanium, leading to a decline in infrared product margins [4][5] - As of Q1 2025, gross margins are expected to recover due to stabilized raw material supply and the implementation of alternative material solutions [5] - The company anticipates an overall improvement in gross margin levels compared to the previous year, driven by shifts in product demand and structure [5]

Group 1: Semiconductor Optical Business - The company's semiconductor optical business revenue for 2024 is approximately 17.7 million yuan, with ongoing efforts to expand customer cooperation and enhance technical exchanges [1][2] - The semiconductor optical business includes applications in lithography, packaging testing, and measurement, focusing on both mature and advanced processes [2] Group 2: Precision Processing Equipment - The company has invested in advanced processing equipment such as ion beam and magnetorheological polishing to meet high precision requirements in semiconductor and aerospace applications [3] - The advanced manufacturing process center has been established to enhance precision processing capabilities, although current utilization rates of these advanced machines are low due to product size differences [3] Group 3: Talent Development - As of the end of 2024, the company has over 700 employees, with 151 technical personnel, accounting for 21.09% of the total workforce [4] - The company plans to continue building a talent pipeline to enhance personnel quality and develop a high-caliber talent team [4] Group 4: Micro-Nano Optical Laboratory - The micro-nano optical laboratory has completed its main construction and is focusing on developing sub-wavelength optical components for various applications, including semiconductor optics and AR/VR [5] - The laboratory aims to collaborate with external universities and research institutions to enhance its R&D capabilities [5] Group 5: International Business and Trade Impact - In 2024, the company's overseas business generated revenue of 12,750.37 million yuan, accounting for 30.66% of total revenue, primarily from its wholly-owned subsidiary in Singapore [6] - The company is monitoring international trade environments and tariff policy changes to mitigate potential impacts on its business [6] Group 6: Profit Margin Outlook - The company's gross margin has declined due to lower margins on infrared optical products influenced by raw material supply issues [7][8] - The company continues to focus on high-value-added products in the industrial sector to maintain relative stability in gross margins [8]