Group 1: Financial Performance - The company's operating revenue for 2024 increased by 4.32%, while the net profit attributable to shareholders decreased by 0.97% [1] - The non-recurring net profit attributable to shareholders fell by 19.15%, primarily due to impairment losses on long-term equity investments [1] Group 2: R&D and Innovation - The company plans to enhance product differentiation and competitive advantage through increased R&D investment and technological innovation, focusing on advanced measurement technology, information technology, big data, and AI [2] - In 2024, R&D funding was primarily allocated to smart gas and water industry data model analysis, advanced measurement laboratory construction, AI deep applications, and digital application solutions [2] Group 3: Cost Management - The company is dynamically adjusting its cost control strategies to balance necessary investments with long-term competitiveness, avoiding excessive cuts that could impact growth [2] - Cost control measures include optimizing processes and utilizing resources efficiently to ensure that expenditures align with business objectives for sustainable growth [2] Group 4: Market Expansion - The company is actively seeking to expand its customer base and explore new markets, including overseas and diversified business sectors, while maintaining existing partnerships with gas operators [2] - The integration of IoT and big data technologies into products aims to enhance customer experience and loyalty through a comprehensive safety solution [3] Group 5: Accounts Receivable Management - The company's accounts receivable situation is stable, with a good credit profile among major clients, and measures are in place to monitor and mitigate bad debt risks [3] - Strategies include customer credit assessments, aging analysis monitoring, and performance evaluation mechanisms for accounts receivable [3] Group 6: Competitive Positioning - As a recognized "little giant" enterprise in the specialized and innovative sector, the company aims to leverage its technological advantages to enhance market competitiveness and drive performance growth [3] - Future plans include continued investment in R&D to deepen the exploration of cutting-edge technologies in the gas and water sectors, thereby increasing core competitiveness and profitability [3]