Group 1: Core Business and Financial Performance - The company is a leading comprehensive service provider in the electrical field, focusing on inspection, testing, measurement, certification, and technical consulting for smart grid construction [1] - In 2024, the company achieved a revenue of 798 million yuan, a year-on-year increase of 5.73%, and a net profit attributable to shareholders of 229 million yuan, a year-on-year increase of 20.78% [1] Group 2: Expansion into New Energy and International Markets - The company established a new energy laboratory and energy storage testing facility, achieving leading domestic testing capabilities in the new energy sector, with R&D investment of 84.79 million yuan in 2024, a year-on-year increase of 20.98% [2] - The company made significant breakthroughs in overseas business, completing orders from countries such as Russia, Indonesia, Brazil, and the UAE, with overseas revenue of 8.67 million yuan in 2024, a year-on-year increase of 153.80% [2] Group 3: Market Potential and Growth in UHV Testing - The company is positioned as a potential leader in the UHV testing field, with high technical content and significant capital investment, and is expected to maintain high growth rates in this area [2] - The market for UHV testing is projected to grow significantly due to increased demand from downstream electrical equipment suppliers as the State Grid accelerates UHV construction during the 14th Five-Year Plan period [2]