Group 1 - The company's performance met expectations, with a projected 32% year-on-year growth in net profit attributable to shareholders in 2024, achieving total revenue of 22.323 billion yuan, an increase of 24.67%, and a net profit of 562 million yuan, up 31.72% [1] - The enameled wire business saw revenue of 16.1 billion yuan in 2024, a growth of 27%, with sales volume reaching 280,000 tons, an increase of 17.9%. The company is focusing on high-value products and scaling production in humanoid robots and low-altitude economy sectors [2] - The subsidiary Hengfeng Special Conductor is expanding its production capacity for high-speed silver-plated wires, with an expected annual capacity release of 5,000 tons, benefiting from strong demand in AI servers and data centers [3] Group 2 - The company holds an 18.29% stake in Shanghai Superconductor, which focuses on high-temperature superconducting materials, with a projected investment income of 12.7 million yuan in 2024. Shanghai Superconductor is expanding its production capacity to meet the growing demand in controlled nuclear fusion and superconducting power applications [4] - Revenue projections for the company from 2025 to 2027 are 24.729 billion, 27.567 billion, and 30.749 billion yuan, with year-on-year growth rates of 10.8%, 11.5%, and 11.5%. Net profit attributable to shareholders is expected to be 709 million, 884 million, and 1.095 billion yuan, with corresponding year-on-year growth rates of 26.3%, 24.7%, and 23.9% [5]