YMK(SZ:300249)2025-05-07 11:30Group 1: Business Strategy and Focus - The company is committed to focusing on the information data sector, concentrating resources to deepen its expertise in this area, with a strategic plan to enhance profitability and operational efficiency [1][2][5]. - In 2024, the company expects continued growth in business orders within the information data sector, highlighting the effectiveness of its focused strategy [2][5]. - The company aims to optimize its business and product structure while expanding into domestic and international markets [1][5]. Group 2: Financial Performance - In 2024, the company achieved a revenue of CNY 1,144.56 million, representing a year-on-year growth of 42.84% [18]. - The net profit attributable to the company was CNY -87.14 million, a reduction in losses by CNY 129.32 million compared to the previous year [18]. - In Q1 2025, the company reported a revenue of CNY 318.31 million, a year-on-year increase of 26.44%, with a net profit of CNY 7.04 million, up 34.77% [18]. Group 3: Market Expansion and Client Relationships - The company has established significant partnerships with major clients such as Baidu, Alibaba, Huawei, and Tencent, ensuring a steady flow of orders [6][7]. - The company is actively expanding its overseas market presence, with operations in Southeast Asia and the Middle East, covering countries like Malaysia, Singapore, and Thailand [10][17]. - The company is responding to the national "East Data West Computing" strategy, with business coverage across eight major computing hubs [10][17]. Group 4: Technological Development and Innovation - The company has successfully developed and deployed its immersion liquid cooling products, with the first NetLiq200 2.0 unit operational in the Middle East [3][4]. - The company is focused on continuous innovation in cooling technologies, including liquid cooling and other outdoor heat dissipation solutions [12]. - The company emphasizes the importance of technological innovation and customer collaboration in product development, aiming to meet evolving market demands [11][12]. Group 5: Governance and Management - The company is committed to enhancing corporate governance and strengthening its internal control management system to improve operational capabilities [2][5]. - The company plans to optimize its performance management system and develop a talent pipeline to support its growth objectives [5][20]. - The company has initiated a stock repurchase plan, having repurchased 2.45 million shares to enhance shareholder value [19].