Core Viewpoint - The company has demonstrated significant growth in revenue and profit, driven by high-demand products in the PCB industry and a strategic focus on global expansion and technological innovation [9][10][11]. Company Overview - The company operates in the "C33 Metal Products Industry," specifically in "C332 Metal Tool Manufacturing," focusing on cutting tools and related products [5][6]. Business Performance - In 2024, the company achieved a total revenue of 1.58 billion yuan, representing a year-on-year increase of 19.65%. The cutting tools segment generated 1.191 billion yuan, up 14.26%, accounting for 75.40% of total revenue [9]. - The net profit attributable to shareholders was 227 million yuan, a growth of 3.45%, while the net profit excluding non-recurring items was 202 million yuan, increasing by 14.76% [9]. Market Position - The company holds a 26.5% market share in global PCB drill needle sales as of 2023, indicating a strong competitive position in the industry [7]. Product and Market Development - The company is focusing on high-end products, particularly in response to the growing demand for AI servers and high-value PCB products, leading to the establishment of a dedicated research team for micro-drill development [10]. - The overseas revenue reached 92.67 million yuan, marking a significant increase of 96.95%, reflecting the company's efforts to expand its global footprint [12]. - The company's film products generated approximately 155 million yuan in revenue, a growth of 72.84%, driven by increased demand in various applications [13]. Equipment and Technology - The company has made advancements in its equipment technology, with a focus on five-axis tool grinding, achieving a shipment of over 70 CNC grinding machines in the year [14]. - The revenue from intelligent CNC equipment was 54.89 million yuan, showing a year-on-year increase of 15.55% [15].