Group 1: Financial Performance - The company achieved operating revenue of ¥3,706,976,517.27, a decrease of 9.02% year-on-year. Excluding the impact of the wireless communication module business, revenue increased by 23.49% [3] - The net profit attributable to shareholders was ¥217,901,677.71, a decrease of 34.66% year-on-year. Excluding the impact of the wireless communication module business, net profit increased by 6.54% [3] Group 2: Business Growth Drivers - Revenue growth was primarily driven by the rapid expansion of FWA (Fixed Wireless Access) and solution businesses [3] - The FWA business experienced significant growth, with a focus on North America and India, where market penetration remains low, indicating substantial future growth potential [4] Group 3: Margin and Product Development - The overall gross margin decreased due to changes in product shipment structure after the sale of the wireless communication module business. However, the gross margin is expected to improve as the solution business, which has a higher margin, increases its share [3] - The company has developed an AI technology platform, AI Stack, to support efficient inference of mainstream models across different chip platforms, which is expected to enhance product offerings in various verticals [4] Group 4: Future Outlook and Strategic Initiatives - The company plans to invest 55% of the funds raised from the Hong Kong listing into the development of edge AI and robotics businesses, indicating a strong commitment to these sectors [4] - The competitive landscape for automotive modules is expected to remain clear, with the company holding a significant advantage in the smart module solutions for new energy vehicles [5]