Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 512 million CNY, a year-on-year increase of 2.26% [2] - The net profit attributable to shareholders was 19.91 million CNY, reflecting a year-on-year growth of 9.98% [2] Group 2: Industry Outlook - The high polymer functional film and composite materials industry is a key support for new industrialization and a strategic emerging industry promoted by the state [3] - In Q1 2025, China's lithium battery separator shipment reached 6.45 billion square meters, a year-on-year increase of 64%, with wet-process separators accounting for 5.3 billion square meters, up 75% [3] Group 3: Strategic Goals - The company aims to enhance operational efficiency and investment value through a combination of organic growth and external acquisitions [4] - The acquisition of Jinli Co. is expected to significantly increase asset scale and revenue, enhancing risk resistance [4] Group 4: Competitive Advantages of Jinli Co. - Jinli Co. ranks second in China's wet-process separator market as of 2024 [5] - The company has established stable partnerships with major battery manufacturers, enhancing market recognition and customer resources [6] - Jinli Co. has a strong R&D team and has achieved multiple scientific research results, maintaining a leading technological advantage [6] Group 5: Environmental Initiatives - The company has made significant progress in low-carbon development, with several products receiving carbon footprint certification [7] - Future market expansion will focus on both domestic and international markets, aligning with the development of the high polymer functional film and composite materials industry [7] Group 6: Shareholder Returns - The profit distribution plan for 2024 will be implemented within two months following the approval at the annual shareholders' meeting held on April 22, 2025 [7]