Financial Performance - The company's net profit for the first quarter increased by 10.83% year-on-year, amounting to 39.79 million yuan [1] - However, the net profit attributable to shareholders decreased by 37.08% to 39.79 million yuan [2] Growth Strategies - The company is focusing on integrating new technologies such as IoT, big data, and logistics robots with traditional products to enhance R&D and product upgrades [2][5] - A strategic investment of 30 million yuan in Tianjin Yuanshan Medical Technology Co., Ltd. indicates a diversification into the medical industry [4] Market Expansion - The company has successfully expanded its domestic sales proportion, which has positively impacted market reach despite affecting overall performance [2] - Products are exported to over 20 countries, with plans to further explore international markets [6] R&D Investment - In 2024, the company invested 59.84 million yuan in R&D, representing 7.88% of its revenue [5] - The focus of R&D is on enhancing product intelligence, digitalization, and flexibility to improve market competitiveness [5] Shareholder Returns - The company plans to distribute a cash dividend of 0.21 yuan per 10 shares (tax included) [7] - Future strategies for shareholder returns may include stock buybacks and other methods to enhance shareholder value [7] Industry Outlook - The company aims to provide integrated solutions combining tire production equipment and intelligent logistics, enhancing the overall market adaptability and profitability [6] - Continuous innovation and product upgrades are expected to solidify the company's competitive edge in the tire manufacturing sector [7]