Core Viewpoint - The rapid rise of emerging industries, such as robotics, is creating new application areas for the company's equipment [1] Group 1: Company Developments - The company has successfully established partnerships with leading motor manufacturers for its products, including hollow cup rotor balancing machines, reducer rotor balancing machines, planetary roller screw balancing machines, and LiDAR testing machines [1] - The subsidiary, Chihui Intelligent, has undertaken a project for a single hollow cup electronic rotor line [1] Group 2: Market Focus - The company will focus on the development of balancing equipment, straightening equipment, and micro-motor automation production lines to capture new market demands arising from the growth of emerging industries [1]

Core Viewpoint - The rapid rise of emerging industries, such as robotics, is creating new application areas for the company's equipment, leading to strategic development in balancing and automation equipment [2] Company Developments - The company has successfully established partnerships with leading motor manufacturers for its products, including hollow cup rotor balancing machines, reducer rotor balancing machines, planetary roller screw balancing machines, and LiDAR testing machines [2] - The subsidiary, Cohui Intelligent, has undertaken a project for a single hollow cup electronic rotor line, indicating a focus on automation in new industry applications [2] Industry Focus - The company will prioritize the development of balancing equipment, straightening equipment, and micro-motor automation production lines to capture new market demands arising from the growth of emerging industries [2]

Group 1: Company Overview - The company specializes in the research, design, production, and sales of fully automatic balancing machines and automation equipment, with applications across various industries including automotive, aerospace, and robotics [2]. - The core product, the fully automatic balancing machine, has a wide market application, leading to a customer base of over a thousand [2]. Group 2: Financial Performance - The company reported a 54.89% year-on-year increase in revenue for the first quarter, driven by stable growth in balancing machine sales and increased revenue from automation production lines [3]. Group 3: Industry Applications - The rise of the robotics industry has expanded the application of balancing equipment, as balancing machines are crucial for the stable operation of high-speed rotating components in robots [3]. - The company has established partnerships with leading motor manufacturers for various balancing machines and is focusing on developing equipment tailored to emerging industries [3]. Group 4: Product Customization and Pricing - The company's equipment is primarily customized, with prices varying based on the degree of customization and precision requirements from clients [3]. Group 5: Strategic Development Plans - The company aims to strengthen its core business while seizing opportunities from emerging industries, and is accelerating the industrialization process of its subsidiary, Diting Technology [4]. - The company has made significant progress in developing high-speed balancing machines for large rotating equipment, with the first prototype completed [4]. Group 6: Subsidiary Operations - Diting Technology focuses on signal processing technology under complex marine noise conditions, with ongoing development of intelligent underwater acoustic signal processing products [4]. - The subsidiary has completed the prototype of an intelligent underwater acoustic signal processing system and is entering the industrialization phase [4].

Group 1: Company Overview - The company specializes in the research, design, production, and sales of fully automatic balancing machines and automation equipment, with applications across various industries including motors, home appliances, and aerospace [2]. - The core product, the fully automatic balancing machine, has been adopted by over a thousand clients due to its wide market application [2]. Group 2: Financial Performance - The company reported a 54.89% year-on-year increase in revenue for the first quarter, driven by stable growth in balancing machine sales and increased income from automation production lines [3]. Group 3: Industry Applications - The rise of the robotics industry has opened new application areas for balancing equipment, as balancing machines are crucial for the stable operation of high-speed rotating components in robots [3]. - The company has established partnerships with leading motor manufacturers for various balancing machines and is focusing on developing equipment tailored to emerging industries [3]. Group 4: Business Strategy and Development - The company aims to strengthen its core business while accelerating the industrialization process of its subsidiary, Diting Technology, which focuses on intelligent underwater acoustic signal processing [3][4]. - Diting Technology has completed the prototype of its intelligent underwater acoustic signal processing system and is gradually entering the industrialization phase [4]. Group 5: Risks and Challenges - The development of new industries typically involves long cycles, and changes in industry dynamics may introduce uncertainties in product demand, which could have a limited short-term impact on revenue and profits [3][4].

Financial Performance - The company achieved a net profit of 19.10 million yuan in 2024, a decrease of 41.6% compared to the previous year [4] - The net profit after deducting non-recurring gains and losses was 14.44 million yuan, down 22.2% year-on-year [4] Shareholder Returns - The company plans to increase capital reserves by converting 3 shares for every 10 held, without distributing cash dividends or sending bonus shares [2] Business Development - The company has sufficient orders for balancing machines and is focusing on developing new applications in emerging industries, particularly in robotics [2] - New products such as hollow cup rotor balancing machines and laser radar testing machines have been successfully launched [2] Market Challenges - Increased market competition has led to a decline in gross profit margins [10] - The company is actively working to enhance product variety and market presence to improve profitability and market share [10] Future Outlook - The company aims to strengthen existing balancing and automation lines while developing new business opportunities [3] - There are no current plans for share buybacks, but any future plans will be disclosed as required [4] R&D Investment - The company will disclose its R&D investment plans for 2025 in its regular reports [7]