Group 1 - The company, Songsheng Co., is a leader in the plant lighting LED driver power supply industry [2] - The company has participated in several significant projects, including the world's first ultra-high-rise plant factory and crop breeding accelerator demonstration project by the Chinese Academy of Agricultural Sciences [2] - The company has accumulated strong experience in integrated plant lighting and photovoltaic agriculture [2] Group 2 - The company aims to actively seize opportunities in plant lighting and photovoltaic agriculture business [2] - The company plans to increase the application of its products in plant lighting and integrated photovoltaic projects [2]

Group 1 - The company, Songsheng Co., will continue to focus on the development of LED drivers for plant lighting [2] - The company aims to leverage its technological achievements in the energy storage core component field to provide solutions for the large-scale application of plant lighting [2] - The offerings will include LED drivers, energy storage core components, and energy solutions [2]

Core Viewpoint - The company, as a key supplier of LED drivers for plant lighting, emphasizes its commitment to technological innovation and the continuous launch of smarter and more efficient products in the plant lighting LED driver segment [1] Group 1: Company Strategy - The company plans to leverage its experience in energy storage core components and integrated applications of plant lighting and energy storage to seize market opportunities [1] - The company is focused on actively developing and introducing new products in the plant lighting LED driver market [1]

Core Viewpoint - The company, Songsheng Co., Ltd. (301002), emphasizes its commitment to technological innovation in the field of plant lighting LED driver power supplies, aiming to continuously launch smarter and more efficient products while leveraging its experience in energy storage components and integrated applications of plant lighting and energy storage [1] Group 1 - The company is recognized as a core supplier of plant lighting LED driver power supplies [1] - The company plans to actively seize market opportunities by combining its expertise in energy storage and plant lighting [1] - The company is focused on the development of new intelligent and efficient products in the plant lighting LED driver power supply sector [1]

Core Viewpoint - The company is optimistic about the prospects of plant lighting applications and is continuously investing in research and development of new materials and technologies for plant lighting [1] Group 1: Product Development - The company has launched the EP-M Class2 programmable LED driver for the North American market, which supports dual-channel output to drive two sets of LED light sources simultaneously [1] - This new product allows for precise control of different areas or light effects, catering to the varying light intensity needs of different plants at different life stages [1] - The company's plant lighting LED driver also features multi-device linkage for intelligent control, facilitating convenient management for large-scale cultivation [1] Group 2: Industry Impact - The continuous iteration of the performance and intelligence of plant lighting LED drivers by the company is aimed at promoting the application of plant lighting in modern agriculture [1]

Group 1 - The company, Songsheng Co., Ltd. (301002), is optimistic about the prospects of plant lighting applications and is continuously investing in research and development of new materials and technologies for plant lighting [1] - The company's LED driver power supply for plant lighting is centered around intelligent dimming technology, allowing users to adjust the spectrum according to the different growth stages of plants, thereby enhancing growth efficiency [1] - The product also features multi-device linkage for intelligent control, providing convenient management solutions for large-scale planting [1]

Group 1: Company Overview and Competitiveness - The company has nearly 15 years of experience in LED driver power supply technology and manufacturing, holding multiple LED driver, dimming, and lighting control technologies [2] - The maximum power of plant lighting LED driver power supply can reach 1500W, with a wide voltage input range of 180-528Vac and a conversion efficiency of up to 97% [2] - The company’s products have obtained global safety certifications and are compatible with global power grid applications [2] Group 2: Storage Inverter Positioning and Competitiveness - The company positions its storage subsidiary as a technology-driven enterprise, with over 60% of its employees in R&D roles as of the end of 2024 [3] - 15% of the R&D personnel hold master's degrees, and approximately 40% have over 5 years of experience in the energy storage industry [3] - The storage subsidiary focuses on core components for commercial energy storage systems and household energy storage systems, emphasizing flexibility in product design and strong market competitiveness [3] Group 3: Production Capacity and Financial Considerations - The storage subsidiary is performing well, with high capacity utilization for the photovoltaic + energy storage hybrid inverter [3] - The current balance of the "Sonseng Convertible Bond" is approximately 294 million yuan, with ongoing management based on stock price trends and operational conditions [3] - The direct export tariff for LED driver power supply products to the U.S. is approximately 58%, with expected direct sales to the U.S. in 2024 amounting to 140 million yuan, representing 16% of total revenue [3]