Group 1: Project Updates - The Saudi CEER electric vehicle factory MEP project is progressing steadily as part of the "Saudi Vision 2030" initiative [1] - The Chengdu Jianyang AI computing power park has completed major construction and is in trial operation, with good business expansion and contracts signed with several clients [2][3] - The company has secured a 75 million yuan contract for the Saudi CEER project, marking a significant breakthrough in its international market presence [5] Group 2: Financial Performance - In 2024, the company achieved a revenue of 787.88 million yuan, a 9.02% increase from the previous year, and a net profit of 25.87 million yuan, up 247.18% [3][4] - The net cash flow from operating activities was 23.94 million yuan, reflecting effective management of accounts receivable [4] - R&D investment for 2024 was 27.33 million yuan, accounting for 3.47% of total revenue [6] Group 3: Strategic Outlook - The company plans to enhance its core competitiveness by increasing investments in computing power, cloud computing, and security solutions [2][3] - Future strategies include focusing on communication services, digital cities, data centers, and cloud computing, while expanding into overseas markets [3][7] - The company aims to leverage its strengths in technology and industry experience to support the "Belt and Road" initiative and enhance its international presence [5][7] Group 4: Shareholder Information - No cash dividends or stock bonuses will be distributed for the 2024 fiscal year [4] - The company repurchased 4.5 million shares for a total of 41.54 million yuan in 2024 [5] Group 5: Brand and Market Position - The company received the IDC Industry Innovation Development Award, enhancing the brand recognition of "Lian Technology Cloud Data" [7] - It has joined industry associations and is involved in the development of a national computing network hub in Sichuan [7]