Group 1: Company Performance and Financials - The overall production and operational situation of the company is good, with a focus on innovation and sustainable development [2] - The profit distribution plan for the 2024 fiscal year will be reviewed at the shareholders' meeting on May 14, 2025, and implementation will occur within two months after approval [2] - The company emphasizes a positive dividend policy to ensure reasonable returns to shareholders [2] Group 2: Research and Development - The company maintains a high level of R&D investment annually, aligning with national strategic development directions [3] - Focus areas for R&D include high-end precision grinding equipment for key sectors such as new energy, semiconductors, robotics, and aerospace [3] - The company aims to deepen partnerships with industry chain enterprises, research institutions, and universities to contribute to the modernization of the industrial system [3] Group 3: Business Collaborations - The joint venture with Changguang Daqi focuses on ultra-precision optical component grinding machines and related services [3] - Ongoing business cooperation with Fuliwang Precision is progressing as per the agreement [3] Group 4: Market Impact and External Factors - The company currently has no direct exports to the U.S., and the impact of U.S. tariffs is minimal [3]