Core Viewpoint - The company held its 2024 annual performance briefing, highlighting its focus on innovation and growth in the renewable energy sector, particularly in electromagnetic wires and specialty cables [1][2]. Group 1: Future Investment Plans - The company plans to expand its green energy product lines in electromagnetic wires and specialty cables, focusing on collaboration with clients in the renewable energy sector [2]. - The company aims to enhance its production processes and quality control through technological innovation, particularly in high-end electrical equipment and electrical engineering [2]. Group 2: Development Strategy - The company will focus on the production and promotion of products related to the main grid equipment, while actively participating in international market competition [2]. - The company anticipates that the investment in the national grid will exceed 650 billion yuan in 2025, indicating a strong growth potential in the electric equipment sector [2]. Group 3: R&D and Market Expansion - The company is committed to increasing its R&D efforts in specialty cables and electromagnetic wires, particularly in the renewable energy field, to enhance product value [2][3]. - The company plans to strengthen its marketing system and expand its overseas sales efforts to enhance brand recognition and market competitiveness [2]. Group 4: Financial Performance - The company reported a net profit of 17.87 million yuan for 2024, representing a year-on-year increase of 10.57% [4]. - The company aims to increase production capacity in the electromagnetic wire segment and promote high-margin specialty cables to drive future profit growth [4].