Core Viewpoint - The company has implemented a "Quality Improvement and Efficiency Enhancement Return Action Plan" for 2025, focusing on enhancing core competitiveness and shareholder value through various strategic initiatives [1][2][3] Group 1: Business Focus and Core Competitiveness - The company specializes in the research, design, and sales of RF front-end chips, with products widely used in smartphones, tablets, routers, and AI devices, establishing itself as a leading supplier in the domestic RF front-end sector [1] - The company is advancing its product lines, particularly in high-integration RF modules and Wi-Fi modules, to meet market demands and maintain a competitive edge [2][3] Group 2: R&D Investment and Technological Leadership - The company invested CNY 202.72 million in R&D during the first half of 2025, accounting for 20.55% of its revenue, demonstrating a strong commitment to innovation [3] - The company has accumulated 83 domestic invention patents, 84 utility model patents, and 154 integrated circuit layout design registrations, showcasing its technological strength [3] Group 3: Corporate Governance and Operational Efficiency - The company has improved its governance structure, holding multiple board meetings and ensuring compliance with legal regulations to promote stable and healthy development [6] - A new stock incentive plan was approved, linking performance assessments of core team members to the company's overall revenue and profit, aligning interests between shareholders and management [4][5] Group 4: Shareholder Returns and Value Distribution - The company has established a "sustainable, stable, and scientific" shareholder return mechanism, including a three-year dividend plan to ensure reasonable returns for investors [7] - A share repurchase plan was executed, with CNY 119.99 million spent to buy back 3,615,973 shares, reinforcing market confidence and protecting investor interests [7] Group 5: Information Disclosure and Investor Relations - The company emphasizes high-quality information disclosure, publishing regular reports and announcements to keep investors informed [8] - Various channels are utilized for investor communication, enhancing understanding of the company's performance and development goals [8] Group 6: Management Responsibility and Compliance - The company has organized training for its board and management to enhance compliance awareness and risk management capabilities [9] - A market value management system was established to promote rational market value and support sustainable development [9]