SEA STAR(SZ:002137)2025-05-12 11:08Group 1: Financial Performance - In Q1 2025, the company achieved a revenue of 140.63 million yuan, a decrease of 10.51% compared to the same period last year [3] - The net profit attributable to shareholders was 13.27 million yuan, an increase of 19.21% year-on-year [3] - The net cash flow from operating activities significantly increased due to advance customer payments and increased tax refunds, alongside reduced tax expenses [2] Group 2: Business Development - The automotive electronics business has entered mass production and is now part of several major automotive brand supply chains, contributing to revenue growth [2] - The company is focused on optimizing its automotive electronics business to enhance market competitiveness and seek new growth opportunities [2] Group 3: R&D and Innovation - The company emphasizes R&D in smart manufacturing, with established teams and technology in smart lighting and production [3] - Continuous R&D investment ensures product innovation and market competitiveness, facilitating expansion in the smart hardware industry [3] Group 4: International Market Expansion - In 2024, overseas revenue grew by 4.10% compared to the previous year [4] - The company is establishing a production base in Malaysia to serve as an international business manufacturing center, enhancing its global market presence [4]