Group 1: Company Insights - Ruimai Te is a leading domestic company in non-invasive ventilators and masks for OSA and COPD patients, established in 2001 [1] - The company has achieved significant localization in core components, ensuring supply chain security [1] - Ruimai Te has two production facilities in Dongguan and Tianjin, allowing for dynamic capacity adjustments based on market demand [1] - The rebranding to "Ruimai Te" has strengthened its brand and capital momentum [1] - The company has shown strong domestic performance in Q1, aided by the recruitment of experienced marketing professionals [1] - Ruimai Te has successfully entered multiple international healthcare markets, including the US, Germany, and the UK [1] Group 2: Industry Developments - Jingzhida is involved in the development of various testing and repair equipment, including DRM aging test repair devices and MEMS probe cards [2] - The company is working on advanced packaging testing technologies and has received customer recognition for its products [2] - Jingzhida aims for a revenue growth rate of no less than 60% by 2025, with its semiconductor business targeting a growth rate of 500% [2]

Group 1 - Notable private equity firm NanTu Asset recently conducted research on a listed company, Jingzhida, which participated in a brokerage strategy meeting [1] - Jingzhida introduced its product offerings, including DRM aging test repair equipment, MEMS probe cards, general testing verification machines for memory, and new display device testing equipment [1] - The company is developing upgraded CP testing machines and high-speed FT testing machines to meet advanced packaging testing requirements, which have already gained customer recognition [1] - Jingzhida plans to expand its MEMS probe card product line and develop sorting machines and probe stations, establishing Nanjing Jingzhida Technology Co., Ltd. [1] - The company is also developing testing technologies and equipment for 2.5D and 3D packaging technologies such as KGSD and HBM [1] - Jingzhida has set a target for a revenue growth rate of no less than 60% by 2025, with a semiconductor business revenue growth rate of no less than 500% [1] Group 2 - NanTu Asset Management Co., Ltd. was established in 2015 and is currently an observer member of the Asset Management Association of China [2] - The company emphasizes a reliable, sustainable, and excellence-driven development philosophy, focusing on client interests [2] - NanTu Asset aims to build a long-lasting and outstanding asset management company, with a core team of 16 employees, including 11 investment research personnel [2] - The average securities industry experience of the investment research personnel is over 7 years, with backgrounds from renowned public institutions such as CICC, E Fund, and Agricultural Bank of China [2] - The team covers key industries including pharmaceuticals, TMT, new energy vehicles, consumer goods, and cyclical sectors [2]

Core Viewpoint - The company is preparing for its 2024 Annual General Meeting (AGM) to discuss various proposals, including financial performance, profit distribution, and future strategic directions. Group 1: Meeting Procedures and Regulations - The AGM will ensure the verification of attendees' identities to maintain order and efficiency [2][3] - Attendees will have the right to speak, inquire, and vote, with specific guidelines on how to raise questions and make comments [3][4] - Voting will be conducted through both on-site and online methods, with results published in a resolution announcement [4][6] Group 2: Financial Performance - The company reported a revenue of 803.13 million yuan, representing a year-on-year increase of 23.83%, with semiconductor business revenue growing by 199.28% [7][8] - The net profit attributable to shareholders was 80.16 million yuan, a decrease of 30.71% compared to the previous year [7][8] Group 3: Business Development and Strategy - The company focuses on testing and detection equipment for semiconductor and new display devices, benefiting from the expansion of artificial intelligence applications [8][10] - Significant progress was made in the development of key products, including DRAM aging test repair equipment and MEMS probe cards, with increased market penetration [9][10] - The company plans to enhance its product matrix and expand into new markets, particularly in AMOLED and Micro LED technologies [12][15] Group 4: Research and Development - R&D expenditure reached 109.69 million yuan, accounting for 13.66% of revenue, with a year-on-year increase of 52.66% [10][11] - The company has obtained 413 intellectual property rights, including 84 invention patents, to strengthen its competitive edge [10][11] Group 5: Profit Distribution Proposal - The board proposed a cash dividend of 3.23 yuan per 10 shares, amounting to a total distribution of approximately 29.88 million yuan, which is 37.28% of the net profit [23][24] Group 6: Related Party Transactions - The company plans to confirm and estimate daily related party transactions for 2025, with expected transactions amounting to 42 million yuan [25][26] - The related parties include subsidiaries where the company's chairman holds positions, ensuring compliance with regulatory requirements [25][27]