Financial Performance - The company's net profit for Q1 2025 was 5,419,623.03 yuan, representing a decline of 8.10% compared to the same period last year [10] - The overall revenue and profit decline is attributed to a significant impact from the downturn in the polysilicon and lithium battery industries [2][3] Strategic Focus - The company aims to become a "full-scenario application service provider" for control valves, emphasizing independent innovation and market-driven product development [2] - In 2025, the company plans to implement a strategic restructuring to enhance resource efficiency and focus on core business areas [5][6] Market Expansion - The company is actively exploring new markets and customer segments to improve profitability, particularly in strategic industries such as petrochemicals, coal chemicals, and mining [3][5] - The company is also diversifying its product marketing system to achieve multi-dimensional sales within the same customer base [7] Industry Outlook - The maintenance and repair industry for valves is expected to grow due to complex working conditions in traditional industries, stricter safety and environmental regulations, and the shift towards predictive maintenance [4][8] - The control valve industry is classified as a technology-intensive sector, with increasing demand driven by the push for industrial automation and compliance with environmental regulations [8] Acquisition Plans - The company intends to acquire 100% of Xuzhou Chemical Machinery Co., which is known for its expertise in valve technology, to enhance its competitive edge in the market [9][10] - This acquisition is expected to strengthen the company's capabilities in the coal chemical and petrochemical sectors, leveraging existing market development skills [9]