Digital Currency - Sanwei Xinan has participated in virtual currency and stablecoin-related businesses in Hong Kong [1] - First Capital currently has no plans to apply for stablecoin licenses [1] - Huaming Intelligent has not yet engaged in digital currency business [1] Robotics - Xinbo Co., Ltd. focuses on expanding humanoid robot joint modules through a joint venture [1] - Fangzheng Electric is developing robotic joint motor products [1] Defense and Military - AVIC Shenyang Aircraft Corporation's new district construction project is expected to achieve production line connectivity and trial operation by the end of the year [1] Automotive - Beiqi Blue Valley is actively collaborating with partners like Pony.ai to develop Robotaxi models [1] Electronics - Laibao High-Tech is not involved in supplying Xiaomi's newly released AI smart glasses [1] - Jiangbolong has established long-term cooperation with numerous smart glasses manufacturers [1] Chemical Industry - Aoke Co., Ltd. is not currently involved in the large-scale production of semiconductor materials such as photoresists [1] Other - Fangzheng Electric has secured a development project for an electric aircraft drive system in the first quarter [1] - Kouzi Jiu has seen good sales performance for its mid-range low-priced product series [1] - Ojiwah has resumed shipping original orders to American customers [1] - Stik has achieved bulk supply of optical display products to leading terminal manufacturers [1] - Songyuan Safety has the qualifications to participate in the Xiaomi automotive project but has not yet supplied to Xiaomi [1] - Nanji Guang's Switch2 backlight source module products have achieved stable mass delivery [1] - Hongtiansun's main production bases are operating at full capacity [1] - Rongbai Technology's sulfide electrolyte pilot line is expected to be completed by the end of the year [1]

Core Viewpoint - The company has achieved large-scale and stable delivery of its Switch2 backlight module products, with sales expected to grow alongside the sales of the Switch2 main unit, maintaining reasonable profit levels [1] Group 1: Company Transformation - The company's sales structure has successfully transformed from primarily low-margin mobile products to focusing on high-margin products such as the Switch2 gaming products and tablets [1] - This transformation is expected to drive continuous improvement in the company's operating conditions from 2024 to the first quarter of 2025 [1] Group 2: Production and Profitability - In the first half of the year, the company focused on sample development and trial production, with mass supply expected to begin in the second half of the year [1] - As the proportion of high-end customers and high-value-added products increases, both gross margin and net margin are anticipated to further grow [1]