Core Viewpoint - The company focuses on high-end equipment and advanced composite materials in the carbon fiber full industry chain, aiming to enhance its strategic layout in materials and composites while leveraging its long-standing advantages in carbon fiber equipment [1] Group 1: Business Strategy - The company has completed the layout of high-end equipment across the entire chain, including precursor equipment, carbon fiber equipment, and composite material equipment [1] - The development strategy is based on "equipment leading, material collaboration, and application support" [1] Group 2: Research and Development - The company is actively seeking cooperation with relevant institutions to explore new application fields such as carbon-ceramic materials, carbon fiber + magnesium, and carbon fiber + PEEK equipment and materials [1]