Business Overview - The company specializes in intelligent logistics robots, providing customized AGV solutions for various industries [1] - The AGV business will be considered both as part of the overall tire production equipment solutions and as an independent product line [1] Market Expansion - Southeast Asia and India are key focus areas for overseas business, with a steady increase in business proportion over recent years despite minor fluctuations [1] - The company aims to leverage its brand influence and technological innovation to explore new markets and customers [12] Production and Supply Chain - The production supply chain consists of standardized parts (e.g., motors, reducers) procured directly and self-designed parts that involve core intellectual property [2] - The delivery cycle varies by product type, with larger equipment taking up to 6 months or more, while smaller devices may take around 2 months [3] Cost Control and Management - The company employs project-based and digital management for cost tracking throughout the product lifecycle, with dynamic monitoring of procurement and manufacturing costs [4] - A performance system is in place to reward teams and individuals who excel in cost control [4] Financial Performance - The company has maintained stable business conditions, with current orders on par with the previous year [2] - Net profit growth is attributed to optimizing sales structure, increasing high-value product sales, and enhancing cost control [6] Market Position - The company holds a significant market share in the global and domestic all-steel radial tire forming machine sector, collaborating with leading domestic and international tire manufacturers [5] - The company is recognized as a national champion product in the manufacturing sector [5] Future Growth and Strategy - Future revenue growth is expected to come from continuous innovation in tire equipment and related intelligent equipment, focusing on customer needs [12] - The company plans to invest in high-end medical equipment through a stake in Tianjin Yuanshan Medical Technology Co., Ltd., indicating a diversification strategy [11] Technology and R&D - The company emphasizes maintaining core technologies and proprietary manufacturing processes for tire production, ensuring confidentiality for clients [12] - R&D platforms include various centers and laboratories that support technological innovation and product development [13] Investor Relations and Market Communication - The company is committed to enhancing market communication through investor relations activities, aiming to stabilize market value and share development results with investors [11] - Stock repurchase and employee stock ownership plans have been implemented to align interests with key personnel [12]

Group 1: Investor Relations and Company Strategy - The company emphasizes strengthening market communication and enhancing shareholder value through various investor relations activities, including performance briefings and investor surveys [1] - A focus on a "long-term, stable, and sustainable" shareholder return mechanism is highlighted, aiming to share development results with investors [1] - The company is committed to improving operational efficiency and business performance to support market value stability [1] Group 2: Product Development and Innovation - The company is advancing its "digital twin + predictive maintenance" strategy, which is currently in the late R&D stage [2] - A modular design platform has been launched, reportedly reducing equipment delivery times by over 30% [6] - In the first half of 2025, 11 new patents were directly related to energy efficiency improvements in smart tire forming machines or all-steel radial tire equipment [6] Group 3: Market Expansion and Financial Performance - The company is seizing opportunities from the shift of tire production capacity to Southeast Asia and the accelerated domestic equipment upgrades, aiming to enhance product technology and structure [2] - The number of tire enterprise customers in emerging markets like Southeast Asia and India has increased, although the overall procurement amounts are stable due to international trade conditions [4] - In the first half of 2025, net profit growth significantly outpaced revenue growth, attributed to an increase in high-value-added products and cost improvements from raw material price declines [5] Group 4: Operational Efficiency and Supply Chain Management - The company is actively optimizing accounts receivable collection and supply chain payment cycles to enhance cash flow efficiency [6] - The implementation of advanced ERP systems aims to avoid raw material inventory buildup, with most materials procured based on orders [6] - The company has established financing leasing and small loan companies to address the financing needs of domestic small and medium-sized tire enterprises, thereby expanding market share [4]