Core Insights - The company reported a significant decline in both revenue and net profit for 2024, with total revenue at 386 million yuan, down 10.01% year-on-year, and net profit attributable to shareholders at 86.86 million yuan, down 34.92% year-on-year [1][4] - The slowdown in the new energy sector has been identified as a major factor contributing to the decline in performance, with reduced orders and slower acceptance of customer equipment [4] Revenue and Profit Performance - Total revenue for 2024 was 386 million yuan, a decrease of 10.01% compared to the previous year [1][4] - Net profit attributable to shareholders was 86.86 million yuan, reflecting a year-on-year decline of 34.92% [1][4] - Non-recurring net profit fell by 42.81% to 69.39 million yuan [1][4] - In contrast, the company experienced revenue growth of 15.46% and net profit growth of 38.33% in 2023 [4] Impact of New Energy Sector - The decline in performance is largely attributed to a slowdown in investment within the new energy sector, leading to fewer orders for related equipment manufacturing [4] - The company recorded credit impairment losses and asset impairment losses totaling approximately 30.56 million yuan, which significantly impacted total profit [4] R&D Investment and Semiconductor Progress - Despite the overall poor performance, the company increased its R&D expenditure to 41.51 million yuan, a rise of 30.14% year-on-year [5] - The number of R&D personnel grew by 7.69%, with new research directions including automotive assembly testing and semiconductor wafer testing [5] - The company has developed prototypes for automated wafer AOI detection systems and online spectral measurement systems, marking its entry into the semiconductor measurement field [5] AI Technology and International Market Expansion - The company has made progress in AI technology applications and international market expansion, focusing on industrial applications of AI software [6] - Products have been sold to various countries, including the USA, Vietnam, and Turkey, although short-term revenue contributions from these markets remain limited [6] - The company plans to prioritize domestic market demand and continue efforts in domestic substitution in the near term [6]