Group 1: Financial Performance - The company's revenue in Q1 2025 increased by 12.59% compared to the same period last year, attributed to successful market expansion and increased product sales [2][3][8] - Despite revenue growth, the company reported a net loss due to increased R&D and marketing expenses, as well as stock incentive plan costs impacting net profit significantly [3][8] Group 2: Market Strategy and Product Development - The company is focusing on domestic suppliers for raw materials, which has led to a decrease in procurement costs and a manageable impact on gross margin due to high gross profit levels [4] - The company is actively pursuing opportunities in the automotive-grade silicon carbide device market, with KGD testing solutions gaining recognition from major clients [3][4] Group 3: R&D and Innovation - The company is investing heavily in R&D, particularly in high-power devices and third-generation semiconductor testing, to enhance its technological capabilities [7][8] - Ongoing development of large-scale digital integrated circuit testing systems is progressing, with significant advancements in hardware and software [6][7] Group 4: Future Outlook and Investor Relations - The management expresses confidence in the company's long-term development and is committed to improving operational efficiency and core competitiveness [10] - The company is monitoring potential acquisition opportunities while focusing on its core business, with plans for strategic mergers and acquisitions when suitable targets arise [9][10] Group 5: Industry Position and Competition - The domestic market for semiconductor testing equipment has a current localization rate of approximately 20%, with ongoing efforts to increase this rate through R&D and validation [11] - The company aims to expand its product offerings beyond semiconductor testing systems to include integrated circuit testing, addressing the need for a diversified product matrix [10][11]