Core Viewpoint - The company is making progress in the development of graphene applications and expects heating revenue to contribute approximately 15% to total revenue by mid-2025 [1] Group 1: Financial Performance - The heating revenue from the wholly-owned subsidiary Qitaihe Baotailong Heating Co., Ltd. is projected to account for around 15% of total revenue by the first half of 2025 [1] Group 2: Technological Development - The company is continuously developing controllable preparation technologies for graphene applications [1] - Recent advancements have been made in the preparation of high-oriented graphene thermal precursor and composite materials with modified functional properties loaded with graphene [1]