Group 1 - The company is accelerating its development in the new energy sector, particularly in solid-state batteries and energy storage business [1] - A significant agreement was signed for the procurement of a 200MWh solid-state battery production line, expected to start installation in Q4 2025 [1] - In the first half of 2025, the company achieved a revenue of 302 million yuan, a year-on-year increase of 9.03%, and a net profit of 41.46 million yuan, up 18.11%, driven by the expansion of its energy storage business [1] Group 2 - The company is developing a new energy storage system and related products in the Shandong Heze project, with production expected to reach capacity between 2025 and 2026 [1] - The Zhejiang Huzhou Anji project focuses on a 4GW new power system equipment production, with a 2GWh energy storage system integration line already in operation since April 2025 [2] - The company has made breakthroughs in immersion liquid cooling PACK technology, enhancing cooling efficiency and product safety features [2] Group 3 - The company aims to develop a dual-main business strategy, focusing on both industrial wireless control equipment and new energy business, while extending its reach along the industry chain [2] - The company plans to integrate energy storage solutions, photovoltaic storage components, and EPC engineering construction to become a comprehensive new energy solution provider [2]

Group 1: Investor Relations Activities - The company held an earnings briefing on May 12, 2025, via the Shanghai Securities News website [3] - Participants included the chairman, general manager, and financial director, among others [3] Group 2: Dividend Distribution - In 2024, the company distributed a cash dividend of 0.80 CNY per 10 shares, totaling 10,917,622.64 CNY for the first two distributions [5] - For 2025, the company plans to distribute a cash dividend of 0.3 CNY per 10 shares, totaling approximately 4,094,108.49 CNY, with future distributions linked to at least 20% of the net profit [6] Group 3: Future Development Strategy - The company aims to enhance its industrial wireless control business while expanding into the renewable energy sector [7] - Plans include developing automation and intelligent technologies in industrial applications and increasing the scale of energy storage systems [8] Group 4: Project Updates - The Shandong Heze project is expected to commence production between 2025 and 2026, with the energy storage system integration line projected to start in the second half of 2025 [9] Group 5: New Energy Business Performance - In 2024, the new energy business contributed 54.16% to total revenue, with products including modules, PACK, and system integration [10] - The industry faces challenges such as price competition and supply chain quality control, but demand for energy storage remains strong [10][11]