Group 1: Business Performance and Market Outlook - The company’s revenue for Q1 reached 196 million, a year-on-year increase of 21.74% [3] - The automotive motor sector's commutator business is experiencing stable growth, driven by the Ministry of Commerce's policy to continue the vehicle replacement program in 2025 [2] - The revenue from commutator products in the automotive motor sector for 2024 is projected to be 247 million, reflecting a year-on-year increase of 7.37% [3] Group 2: Research and Development - The company invested 32.17 million in R&D for 2024, marking a 6.47% increase compared to the previous year [3] - A specialized R&D team has been established to focus on the development of high-reliability and high-performance hollow cup motor commutators [3] Group 3: Investment and Financial Strategy - The company’s external investments are primarily concentrated in the pharmaceutical and logistics sectors, which have faced profit declines due to market conditions [3] - The company maintains a commitment to its core business, ensuring stable operations and profitability [3] Group 4: Market Expansion and Talent Management - Direct exports account for approximately 20% of the company’s overseas market business, indicating significant potential for growth [5] - The company has implemented a performance-based compensation system for senior management and offers various training programs for employees to enhance their skills [5]