Core Viewpoint - The company, Shenzhen Zhouming Technology Co., Ltd., reported a significant increase in revenue and net profit for Q1 2025, indicating strong performance driven by cost control and advancements in the Mini/Micro LED sector [2][3]. Financial Performance - In Q1 2025, the company achieved revenue of 1.576 billion yuan, a year-on-year increase of 5.63% [2]. - The net profit attributable to shareholders reached 54.58 million yuan, up 180.94% year-on-year [2]. - The net profit after deducting non-recurring items was 74.16 million yuan, reflecting a substantial increase of 737.04% year-on-year [2]. - The sales expense ratio decreased to 14.69%, down 0.84 percentage points compared to the previous year [2]. Business Operations - The company has made significant progress in the Mini/Micro LED field, with sales doubling in 2024 and related products accounting for 13% to 15% of the display business [3]. - The company aims to increase its internal share of Mini/Micro LED products to 25% to 30% in 2025, further solidifying its market position [3]. - The integration of AI technology into traditional LED business is a new highlight, enhancing performance and user experience [4][5]. Strategic Focus - The company plans to adopt an "LED + AI" core strategy in 2025, focusing on localization, intelligence, and safety [5]. - There will be continued investment in R&D to enhance product competitiveness and innovation capabilities [5].