Core Insights - Company achieved a revenue of 14.34 billion yuan and a net profit of 29.05 million yuan in Q1 2025, demonstrating resilience in a complex market environment [1] - The company maintained its leading market share in the domestic medium and heavy truck sector, with a remarkable 375.6% year-on-year increase in sales of new energy products [1] - The company has accelerated its international development, exporting over 10,000 units [1] Technological Innovation - The commercial vehicle industry is transitioning towards comprehensive electrification and intelligence, with the company making significant advancements in new energy vehicle technology [2] - The company has developed a differentiated vehicle and fully autonomous core assembly technology platform, achieving industry-leading standards in energy consumption and lightweight design [2] - The company’s self-developed L2-level high-end heavy trucks have been verified and launched in the market, reaching world-class standards [2] New Energy Strategy - The company has launched its "15333" new energy strategy, focusing on core autonomous components to enhance product competitiveness and profitability [3] - Key technological breakthroughs in efficient oil-cooled electric drive bridges and lightweight technology for new energy vehicles have been achieved, laying the foundation for diverse product development [4] - The company has entered into strategic cooperation agreements for the delivery of thousands of new energy vehicles, showcasing its market competitiveness in the new energy sector [4] International Expansion - The company has established a wholly-owned subsidiary, Jiefang International, to enhance its international trade operations and support overseas market development [5] - The company is adopting differentiated development strategies based on local market conditions and policies to expand its global footprint [5] - Recent participation in international trade fairs has resulted in significant interest from global customers, with over 200 intention orders and more than 30 potential agents [5] Future Outlook - The company aims to continue leading the commercial vehicle industry by driving green, intelligent, and global transformation, contributing to the advancement of Chinese commercial vehicle brands on the world stage [6]