Core Viewpoint - The company has established a comprehensive automotive electronics business with a wide customer base, covering over 70% of global vehicle brands, and is expanding into new technology areas such as AI computing and ultra-thin glass products [1][2][3]. Group 1: Automotive Electronics Business - The company has completed the industrial chain layout for "in-vehicle sensors + touch modules + cover plates + integrated touch display modules" and provides various automotive touch display modules [1]. - The company’s 3D curved in-vehicle cover plate business offers superior integrated display effects, and it has achieved large-scale production capabilities for electrochromic rearview mirror cover glass, generating revenue in the millions [1]. - The automotive electronics customer base includes brands from Japan, Europe, the United States, and Germany, indicating a strong global presence [1]. Group 2: Ultra-Thin Glass and HUD Technology - The company has mastered the technology for curved reflective mirrors for head-up displays (HUD) and is expanding its customer base internationally [2]. - The company has developed a complete industrial chain for ultra-thin glass cover plates, including new forms of non-uniform thickness foldable glass and ultra-thin glass coating cover plates [2]. - Products in the ultra-thin glass segment are being utilized in wearable devices and foldable smartphones, with partnerships established with brands like vivo, OPPO, and Honor [2]. Group 3: AI Computing Business - The company is building a full-chain computing service capability through its subsidiary, focusing on three core areas: assembly and sales of computing equipment, maintenance and repair, and computing leasing services [3]. - The revenue scale of the AI computing business has surpassed 60 million yuan, leveraging the advantages of being located in one of the national computing centers [3]. - The long-term plan includes expanding into computing center operations and providing industry-specific AI model application solutions for sectors like manufacturing and autonomous driving [3].

Core Viewpoint - Longxin Technology held its 2024 annual online performance briefing, showcasing strong investor engagement with an 88.89% response rate to questions [1] Group 1: Company Performance - Longxin Technology reported revenue and net profit growth compared to the previous year, as detailed in the 2024 annual report [2] - The company acknowledged a decline in sales profit margins over the past two years and is implementing measures such as cost optimization, supply chain integration, and product structure upgrades to improve profitability and market share [3] Group 2: Product and Market Development - Longxin Technology has established a robust supply chain relationship with major automotive manufacturers, including Tesla and various global Tier 1 suppliers, enhancing its position in the automotive display market [2] - The company is focusing on high-value projects, particularly in the foldable screen segment for clients like Apple and Huawei, leveraging its competitive advantages in UTG and UFG products [3] Group 3: Strategic Initiatives - Longxin Technology is actively pursuing opportunities in the computing power sector, aligning with the exponential growth in global demand for computing power [3] - The company is committed to enhancing its presence in the new energy sector, particularly through its investment in Bick Power, which has shown promising revenue and profit performance [5] Group 4: Industry Outlook - The global economy is experiencing moderate growth amidst complex challenges, with technological innovation and supply chain restructuring being key growth drivers [7] - The industry faces significant challenges, including rising protectionism and intense competition, particularly in the automotive supply chain [7]