Core Viewpoint - Company plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy, brand image, and diversify financing channels [1][3] Group 1: H-share Issuance and Listing - Company announced its intention to issue H-shares and seek a listing on the Hong Kong Stock Exchange to deepen its global strategy and improve its international brand image [1] - The issuance will consider the interests of existing shareholders and market conditions, with a decision to be made within 18 months following shareholder approval [1] - Company is currently in discussions with intermediaries regarding the H-share issuance and listing, with specific details yet to be finalized [3] Group 2: Financial Performance - In 2024, the company achieved a revenue of 954 million yuan, representing a year-on-year increase of 15.09%, while net profit attributable to shareholders was 161 million yuan, a decrease of 10.38% [4] - The company is benefiting from the high-end trend in the PCB market, enhancing its technology levels in PCB line and solder mask exposure, leading to improved product performance [4] - In Q1 2025, the company reported total revenue of 242 million yuan, a year-on-year growth of 22.31%, and a net profit of 51.87 million yuan, up 30.45% year-on-year [4]

Core Viewpoint - The company plans to issue H-shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy, brand image, diversify financing channels, and improve core competitiveness [2][5]. Group 1: H-Share Issuance and Listing - The company announced its intention to issue H-shares and list on the Hong Kong Stock Exchange to deepen its global strategy and enhance its international brand image [2]. - The company will consider the interests of existing shareholders and the conditions of domestic and foreign capital markets when selecting the timing and window for the issuance [2]. - The company is currently in discussions with relevant intermediaries regarding the H-share issuance and listing, with specific details yet to be determined [5]. Group 2: Financial Performance - In 2024, the company achieved operating revenue of 954 million yuan, a year-on-year increase of 15.09%, while net profit attributable to shareholders was 161 million yuan, a decrease of 10.38% [5][6]. - In the first quarter of 2025, the company reported total operating revenue of 242 million yuan, a year-on-year increase of 22.31%, and net profit attributable to shareholders of 51.87 million yuan, a year-on-year increase of 30.45% [6]. Group 3: Technological Advancements and Market Expansion - The company is leveraging its technological expertise in the micro-nano direct writing lithography field to accelerate product iteration and innovation, targeting high-performance direct writing lithography equipment for AI chip manufacturing, advanced packaging, and new energy vehicle electronics [5]. - The company is enhancing its technical capabilities in PCB market segments, focusing on high-end trends, and improving core performance indicators such as minimum line width, capacity, and alignment accuracy [6]. - The company is expanding its market presence in Southeast Asia and other international markets, benefiting from global supply chain adjustments [6].