Meeting Overview - The company held an annual performance briefing for 2024 and the first quarter of 2025 on May 28, 2025, from 10:00 to 11:00 via the Shanghai Stock Exchange Roadshow Center [1][2] - Key executives, including the chairman and general manager, participated in the meeting to discuss the company's operational and financial status [2] Financial Performance - The company reported that the overall operating situation is positive, with the computing power business expected to continue rapid growth, while losses in the manufacturing sector are projected to narrow [2][3] - The management expressed confidence in this year's performance growth, anticipating a significant reduction in losses compared to the previous year [3] Growth Drivers - The computing power business is expected to grow through leasing and operational maintenance, with the company planning to enhance its computing resources beyond the existing 15,000P [2][4] - The manufacturing business is stabilizing with the global strategic configuration taking shape, although it may take time to achieve profitability [3][4] Industry Outlook - The computing power sector is anticipated to experience substantial growth, particularly with the rise of AI technology [3][4] - The manufacturing industry is maturing, with competition becoming increasingly important as the market stabilizes [4] Investor Engagement - The company actively engaged with investors during the meeting, addressing key concerns such as profitability, industry performance, and future growth prospects [2][3] - A cash dividend plan for the 2024 fiscal year has been approved and is expected to be distributed in June [4]