Financial Data and Key Metrics Changes - The company achieved total revenue of over RMB 100 million, up 10% year over year, driven by structural optimization across business lines [10] - Gross profit rose 15.6% year over year, with gross margin improving by 0.8 percentage points [23] - Operating income and net income increased by 30% and 30.2% year over year, respectively, indicating a shift towards quality growth [23][45] Business Line Data and Key Metrics Changes - Engineering solutions for intelligent projects, which contribute over 90% of revenue, saw a 13.4% year-over-year revenue growth [11] - The operation and maintenance segment experienced a revenue decrease from $4.9 million to $4.3 million year over year [30] - Sales of intelligent system equipment and materials dropped from $1.67 million to $10,000 year over year [32] Market Data and Key Metrics Changes - The company signed 144 new engineering solutions contracts, a 76% increase from the previous year [11] - The average contract value increased year over year, reflecting market recognition of the company's technology premium [11] Company Strategy and Development Direction - The company aims to establish itself as a global benchmark in intelligent engineering while strengthening core domestic operations [16] - There is a focus on tech-driven execution and enhancing service for domestic customers to maintain stable cash flows [18] Management's Comments on Operating Environment and Future Outlook - Management highlighted the resilience of core strengths amid a global boom in intelligent buildings, presenting opportunities for growth [18] - The company plans to leverage its IPO-backed credibility to capture high-margin returns [18] Other Important Information - The company holds Class 1 licenses in various engineering sectors, providing a competitive barrier as it expands into overseas markets [15] - As of March 31, 2025, the company had obtained a total of 23 patents and 28 software copyrights, indicating a strong commitment to R&D [15] Q&A Session Summary - There were no questions during the Q&A session, indicating a lack of immediate inquiries from participants [52]