Group 1: Market Expansion and Challenges - The company has developed a methodology for market expansion and has established strong competitiveness and brand recognition in the European and American markets [2] - Challenges in international market expansion include cultural differences, complex legal regulations, and localization operations [2] - The company is actively promoting international management and researching target market conditions to enhance competitiveness and profitability [2] Group 2: Financial Performance and Cost Management - The net profit growth rate for 2024 was lower than the revenue growth rate due to significant differences in cash management income and exchange gains/losses compared to 2023 [3] - The increase in sales expense ratio is attributed to the acquisition of a South Korean company and increased marketing and travel expenses for deep market development [3] - Measures are being taken to enhance profitability, ensuring that future net profit growth exceeds revenue growth [3] Group 3: R&D and Product Development - The company aims to increase investment in equipment R&D despite low gross margins, focusing on providing integrated solutions in the dental field [3] - The company plans to enhance R&D competitiveness by establishing laboratories in advantageous regions and increasing investment in key technologies [6] - Emphasis is placed on protecting intellectual property and aligning technological innovations with market demands [6] Group 4: Domestic Market Strategy - The company holds a positive attitude towards domestic market expansion, leveraging national policies and enhancing product competitiveness [5] - Strategies include optimizing market approaches and responding to policy changes to increase market share and profitability [5] Group 5: New Production Facilities - A new production park is set to commence construction, with the goal of completing major production workshops this year and starting production next year [4] Group 6: Material Cost Management - The company believes that the cost reduction potential for zirconia materials is limited, emphasizing product quality and maintaining a healthy supply chain [7] - High-value-added product development is prioritized to enhance performance and quality, thereby improving competitiveness and profitability [8]