Core Viewpoint - The company, Litong Technology, emphasizes its strategic planning, technological research and development, and market expansion as key competitive advantages for future growth [1][2]. Group 1: Competitive Advantages - The company has a clear strategic plan, actively laying out its high polymer materials, fluid, and ultra-high pressure equipment and services sectors, ensuring a complete industrial chain for market competition [1]. - A well-established technological research and development system supports the company's business modules, with dedicated research institutions in Qingdao, Zhengzhou, and Luohe, aimed at enhancing innovation and project outcomes [1]. - The company has developed sales channels covering both domestic and international markets, utilizing various online and offline methods for market expansion, with plans to enhance internet promotion and customer collaboration [1]. Group 2: 2025 Business Growth Expectations - In the fluid sector, the company aims to optimize existing products while focusing on high-value products like ultra-high pressure resin hoses and chemical pipes, and accelerating the market launch of new products such as nuclear power hoses [2]. - The materials sector will enhance collaboration between the Qingdao R&D system and Luohe industrialization to accelerate the application of long-chain nylon and other high polymer materials [2]. - The ultra-high pressure equipment and services sector will focus on optimizing equipment performance and developing customized solutions for different industries, while also advancing municipal underground pipeline management services in Luohe and surrounding areas [2].

Group 1: Investor Relations Activity Overview - The investor relations activity was an earnings briefing held on April 29, 2025, via the "Investor Relations Interactive Platform" [3] - Key attendees included the Chairman and General Manager, Mr. Zhao Hongliang, and the Secretary of the Board, Mr. He Jun [3] Group 2: Company Performance and Strategy - The company has a low debt-to-asset ratio and sufficient production capacity to meet market demand without immediate external financing needs [4] - The company is exploring flexible marketing strategies for its high-value ultra-high pressure sterilization equipment, including installment payments and leasing options [5] Group 3: Product Development and Market Position - The company is actively working on replacing imported products in the shield tunneling machine market and is narrowing performance gaps with international competitors [6] - In 2024, the company completed trials for 43 types of nuclear power hoses, with plans for domestic production to replace imports [7] Group 4: Sales and Revenue Insights - In Q1 2025, sales of hydraulic hoses and assemblies increased significantly due to a recovery in the domestic engineering machinery market, with major clients including SANY and XCMG [8] - The acid fracturing hose business has seen record sales in Q1 2025, continuing the positive trend from Q4 2024 [9] Group 5: Financial Performance Analysis - The company's revenue for 2024 remained stable compared to 2023, but net profit declined by approximately 20% due to a decrease in high-margin product sales [10] - The company has become a primary supplier for China National Petroleum Corporation, with ongoing efforts to expand the domestic market for acid fracturing hoses [11] Group 6: Product Specifications and Manufacturing - The 300L ultra-high pressure sterilization equipment is fully domestically produced, with no reliance on imported key components [12]