Core Viewpoint - The company reported a decline in revenue and net profit for Q1 2025, indicating temporary pressure on overall revenue, with only the photovoltaic storage business showing growth [3][4]. Group 1: Financial Performance - In Q1 2025, the company achieved revenue of 840 million yuan, down 11% year-on-year and down 29% quarter-on-quarter [3]. - The net profit attributable to shareholders was 35 million yuan, a decrease of 26% year-on-year and a decline of 74% quarter-on-quarter [3]. - The non-recurring net profit was 27 million yuan, down 36% year-on-year and down 74% quarter-on-quarter [3]. - The gross margin for Q1 2025 was 32.66%, an increase of 0.7 percentage points year-on-year and an increase of 7.6 percentage points quarter-on-quarter [5]. - The net margin was 3.28%, a decrease of 0.9 percentage points year-on-year and a decrease of 4.8 percentage points quarter-on-quarter [5]. Group 2: Business Segment Performance - The industrial automation business generated revenue of 540 million yuan, down 5% year-on-year [4]. - The network energy business reported revenue of 160 million yuan, down 14% year-on-year [4]. - The new energy vehicle business achieved revenue of 110 million yuan, down 26% year-on-year [4]. - The photovoltaic storage business recorded revenue of 40 million yuan, an increase of 13% year-on-year [4]. Group 3: Market Position and Growth Potential - The company is positioned in high-growth sectors such as robotics, data centers, and new energy, with ongoing product launches and customer expansion expected to gradually restore revenue [4][6]. - In the robotics sector, the company's DA200 series products are used for precise motion control in smart logistics and efficient operations in automotive battery swap stations [6]. - The company holds the second-largest market share in modular UPS power products in China, with growth anticipated in the network energy business as data center construction increases [6]. - The company is actively expanding its overseas market presence in the new energy sector [6].

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