Group 1: R&D Investment and Focus - In 2024, the company plans to invest CNY 58.32 million in R&D, accounting for 7.02% of its revenue [3] - The focus will be on enhancing the core business of testing and certification, with an emphasis on strategic emerging industries [3] - The company aims to improve the conversion rate of scientific research results and optimize the R&D environment [3] Group 2: Industry Trends and Market Position - The certification and testing industry in China is moving towards high-quality development, with 1,230 certification agencies and 4.1583 million valid certificates issued by the end of 2024 [3] - The industry revenue reached CNY 467 billion in 2024, showing a year-on-year growth of 9% [3] - The company will continue to build a new business strategy layout of "3+1+3" focusing on traditional testing, certification, and automotive design [3][4] Group 3: Business Growth Drivers - The company has achieved breakthroughs in diversified testing and technological innovation, particularly in the automotive sector [4] - There has been a successful expansion into commercial vehicle clients and electric bicycle sectors, contributing to revenue growth [4] - The company is actively adjusting its automotive design services to maintain stable revenue and profit margins [4]