Group 1: Financial Performance - In 2024, Lian Technology's revenue is expected to grow by 9.01% to 512 million yuan, while net profit is projected to decline by 13.07% to 65.81 million yuan, primarily due to rising labor costs and underutilization of production capacity in Vietnam [1] Group 2: Research and Development - The collaboration with Zhejiang University has resulted in 10 software copyrights and 8 patents. The panoramic ring lens (PAL) imaging system is completed and entering small batch testing, while the food-grade polymer materials project has begun small batch production and market launch [1][2] Group 3: Market and Customer Strategy - The company's direct exports to the U.S. are relatively low, thus the impact of high tariff policies on performance is limited. The company will closely monitor external environmental changes and policy adjustments to ensure stable operations [3] - Logitech Group represents a significant portion of the company's major clients. To mitigate customer concentration risk, the company will enhance its technical communication and collaboration with Logitech, ensuring product quality and delivery stability [4] Group 4: Business Focus - The company aims to maintain steady growth in traditional injection molding while increasing investment in the electric vehicle parts sector [5]