Group 1: Company Progress and Strategy - The company has successfully developed and launched the NetLiq200 2.0 liquid cooling product in the Middle East, marking a significant advancement in immersion cooling technology [1] - The focus on information data field has led to continuous growth in business orders in 2024 and Q1 2025, demonstrating the effectiveness of the "focus strategy" [2] - The company aims to enhance its professional capabilities and optimize its business structure to expand both domestic and international markets [2] Group 2: Key Clients and Partnerships - Major strategic clients include Baidu, Alibaba, Huawei, and Tencent, with ongoing good order conditions and normal operational activities [3] - The company is committed to providing comprehensive lifecycle solutions for digital infrastructure, aiming to deepen relationships with key clients [3] Group 3: 2025 Operational Goals - The company will focus on eliminating the negative impacts of previous diversification and concentrate resources on temperature control equipment and related sectors [4] - Key initiatives include enhancing professional capabilities, promoting refinancing projects, and advancing R&D in line with new technology trends [4][5] - The company emphasizes high-performance organization building and efficient operational systems to maximize shareholder value [5] Group 4: Research and Development - The company prioritizes technological innovation and customer needs in its R&D efforts, leading to the development of customized, energy-efficient products [5] - Innovations include large prefabricated indirect evaporative cooling and integrated fluorine pump technologies, alongside various cooling solutions [5] Group 5: International Expansion - The company has begun overseas market expansion in 2023, with operations and orders covering Southeast Asia and the Middle East [6] - A subsidiary in Malaysia was established to support international market growth, with plans for further local subsidiaries as needed [6]