Core Insights - DeXin Technology reported a revenue of 364 million RMB and a net loss of 151 million RMB for the year 2024, while proposing a cash dividend of 0.56 RMB per 10 shares, totaling 13.1 million RMB [1] - The company focuses on precision manufacturing and transportation services, including lithium battery equipment, reducers, and various transportation services [1] Precision Manufacturing Business - DeXin Technology's core asset, DeHong Precision, has over 20 years of experience in the lithium battery precision mold sector, becoming a leading enterprise in the domestic market [2] - The company has developed innovative products such as L-shaped and rounded corner battery cutting molds, filling several industry gaps [2] - A nationwide after-sales network has been established to enhance service competitiveness, providing 24-hour on-site support to reduce customer downtime [2] Acquisition and Expansion - In September 2024, the company acquired 51% of Anhui Hamps, becoming its controlling shareholder and entering the precision automation field [3] - Anhui Hamps specializes in high-precision reducers and motors, leveraging advanced equipment and experienced technicians to meet diverse customer needs [3] Financial Performance - The precision manufacturing segment maintained a high gross margin of 31.93%, with overseas business generating revenue of 23.34 million RMB [4] - The company's losses were primarily due to asset impairment losses; excluding this, the company remained profitable [4] - In Q1 2025, the company achieved a revenue of 97.68 million RMB, an increase of 84.88% year-on-year, with a significant reduction in net loss by over 90% compared to the previous year [4]