Core Viewpoint - UDC reported a total revenue of $166.3 million for Q1 2025, with a focus on OLED materials and technology licensing, despite a challenging macroeconomic environment [1]. Group 1: Financial Performance - In Q1 2025, UDC achieved total revenue of $166.3 million (approximately RMB 1.201 billion) and an operating profit of $69.7 million [1]. - Material sales revenue was $86.2 million, down from $93.3 million in the same period last year [1]. - Royalty and licensing fee income reached $73.6 million, an increase from $68.3 million year-over-year [1]. - The overall gross margin was 77%, slightly down from 78% in the previous year [1]. Group 2: Business Focus and Outlook - UDC specializes in the research and development of OLED materials, patent licensing, and technical support, with its phosphorescent OLED technology enhancing display efficiency and lifespan [1]. - Looking ahead to 2025, UDC maintains its revenue guidance, projecting revenues between $640 million and $700 million despite increased uncertainty in the macroeconomic environment [1].