Group 1: Investor Relations Activities - The company held an earnings briefing on May 7, 2025, from 15:00 to 17:00 via the "Investor Relations Interactive Platform" [3] - Attendees included the chairman, general manager, board secretary, and sponsor representative [3] Group 2: Key Questions and Responses - The company is currently producing orders based on market conditions and is optimistic about the impact of policy opportunities on 2025 orders [5] - The company maintains a stable cash flow and does not foresee any impact on dividend distribution [5] - The core team is stable and performance-linked, with no current plans for equity incentives [5] - International trade tensions have minimal impact on the company’s business [5] - Future growth points include advancements in agricultural machinery gear technology and product development [5] - The company does not compete directly with major players like Hengli Hydraulic [6] - Products have entered the Southeast Asian market, with no current plans for expanding into the "Belt and Road" markets [6] - There are no plans for capital stock transfers to increase total share capital [6] - The company has no current collaborations on smart detection systems or products for humanoid robots [6] - The company is not supplying gears to Nanning South-North Power Co., and its products are supplied to other local manufacturers [6] - The company is actively diversifying its customer base and managing cash flow pressures through improved receivables management [6] - The company is focusing on its core business and has no plans to develop gears for electric vehicles or robots [6] - The company is expanding its product structure to include gears for electric forklifts and construction machinery, with ongoing small-scale supply for engineering gears [7] - The company’s 200,000 gear project is progressing, with 42.98% of equipment investment completed as of the report date [7]