Financial Performance - In 2024, the company achieved operating revenue of 446.37 million yuan, a year-on-year increase of 51.33% [1] - Net profit attributable to shareholders decreased by 30.17% to 39.41 million yuan, while net profit excluding non-recurring gains and losses increased by 51.34% to 53.17 million yuan [1][2] - In Q1 2025, the company reported operating revenue of 89.68 million yuan, a year-on-year decrease of 5.13%, and a net profit of 7.30 million yuan, down 40.58% [4] Product Applications and Market Position - The company's pyroelectric infrared sensors are applicable in smart traffic monitoring [3] - The company is a leading supplier of sensors and solutions, with a strong market position in various sensor categories, including pyroelectric infrared sensors and visible light sensors [5][8] - The subsidiary, Green Tong, achieved operating revenue of 128.70 million yuan and net profit of 28.61 million yuan in 2024 [4] Research and Development - R&D expenses for 2024 amounted to 29.05 million yuan, reflecting a year-on-year increase of 48.18% [6] - The company is focused on developing new products and technologies, including multi-channel intelligent pyroelectric infrared detectors and high signal-to-noise ratio sensors [6] Dividend and Shareholder Returns - The company plans to distribute cash dividends of 0.35 yuan per 10 shares for the first half of 2024, totaling 9.90 million yuan [7] - For the full year 2024, the proposed cash dividend is 1.00 yuan per 10 shares, amounting to 28.27 million yuan, with total dividends for the year reaching 38.17 million yuan [7] Market Expansion and Strategy - The company aims to enhance its sales team and explore high-growth potential markets, particularly in petrochemical, chemical, gas, pharmaceutical, and power sectors [10] - The company will integrate resources from Green Tong to expand cross-selling opportunities in different regional markets [10] Impact of External Factors - Over 90% of the company's revenue comes from the domestic market, indicating that U.S. tariff policies have minimal impact on operations [10] - The decision to terminate certain fundraising projects is based on market conditions and strategic considerations, ensuring no adverse effects on current operations [11] ESG and Corporate Governance - The company emphasizes sustainable development and compliance with environmental regulations, integrating ESG principles into daily operations [9]