Group 1: Company Overview and Market Expansion - The company has expanded its thermal management applications since 2017 to include over 50 clients across various sectors, including HP, Xiaomi, and CATL, with more than 70 ongoing projects, some of which are in mass production [1] - The thermal management products are applicable in diverse fields such as 5G base stations, communication devices, AI cooling, and modern agricultural machinery [1] Group 2: Product Self-Manufacturing and Applications - The self-manufacturing rate of the company's electronic pump products exceeds 90%, with components like injection molding, motors, and chips produced in-house [2] - The electronic pump series can be utilized in multiple sectors beyond automotive, including server cooling, renewable energy storage, and robotics [2] Group 3: Competitive Advantages and Market Trends - The company possesses advantages in the thermal management components for civilian applications compared to its peers in the new energy vehicle sector, focusing on tailored products for specific customer needs [2] - Recent orders in the civilian sector have increased, with expectations for continued growth over the next two years [2] Group 4: Server Cooling Projects - A specialized technical and marketing team has been established for the server cooling sector, with some projects already in bulk supply and ongoing discussions for integrated thermal management modules [2] - The development direction in the server cooling field emphasizes customer needs and project research to enhance product adaptability and market competitiveness [2]