Core Insights - 2024 is a challenging year for global economic development, yet the company achieved a revenue of 22.401 billion yuan, a year-on-year increase of 11%, and a net profit of 971 million yuan [1] - The company initiated its Hong Kong stock listing plan, marking a new phase in its globalization strategy, transitioning from product and technology export to capital export [1][8] - A high dividend proposal was announced, distributing 6.8 yuan per 10 shares, totaling 472 million yuan, which represents 48.57% of the net profit [1] Business Performance - The company optimized its product structure, with the smart control components segment showing a revenue increase of 20.37%, driven by significant growth in household appliance controllers, which surged by 65.64% [2] - The commercial display equipment sector maintained its industry leadership, with the company's products aligning well with digital transformation needs, resulting in a 56.55% revenue increase in commercial and industrial computers [2] Technological Advancements - The company invested 1.54 billion yuan in R&D in 2024, resulting in over a thousand new patents, with more than 35% being invention patents, showcasing its innovation capabilities [4] - Key breakthroughs in AI technology are being translated into practical applications, with the launch of the Xiwo Teaching Model 2.0, which integrates AI into educational settings [5] Global Expansion - The company achieved overseas revenue of 4.35 billion yuan, a year-on-year increase of 16.83%, reflecting its accelerated globalization strategy [7] - Partnerships with major tech companies like Microsoft and Intel have led to the launch of certified meeting products, enhancing its presence in international markets [7] Capital Market Strategy - The planned H-share listing is expected to diversify financing channels and enhance global brand value, particularly in high-value markets like Europe [8] - The company's growth trajectory in 2024, marked by double-digit revenue growth, indicates successful market expansion and strategic depth in technology investment [8]