Group 1: Business Development and Market Position - The MLCC industry experiences a 5-6 year cyclical fluctuation, with a recent rebound observed after a low point, driven by product upgrades [2][3] - Currently, Chinese equipment accounts for only 10% of the MLCC market, while Japan, South Korea, and Taiwan collectively hold 90%, indicating significant growth potential in the domestic market [3] - The automotive electronics business has a gross margin of approximately 42%, with ongoing orders from key clients expected to sustain growth over the next three years [3][4] Group 2: Strategic Partnerships and Collaborations - The company has a 2-3 year history of collaboration with Client T, focusing on smart cockpit applications, with anticipated growth in technical services this year [3][4] - The acquisition of Guanghao Jie is aimed at enhancing competitiveness in the optical camera sector, transitioning from high-end mobile to automotive markets, leveraging technical support for rapid adaptation [5][6] Group 3: Research and Development Focus - Current R&D efforts are concentrated on AI server testing, addressing high-speed signal and cooling issues, with positive results already emerging [5] - The company is also enhancing its AOI product capabilities through targeted upgrades in AI algorithms and imaging, expecting revenue growth in this area [5] Group 4: Financial Outlook and Order Status - The company maintains a rolling order backlog of approximately 500-600 million [6] - Revenue is projected to break through this year, with a strategic plan for the next three years to be established in July [6]