CVTE(002841)2025-05-13 11:40Group 1: Business Performance and Growth - The company's revenue from home appliance controllers reached 1,722.24 million yuan in 2024, marking a year-on-year growth of 65.64% [4] - As of the end of Q1 2025, the company has established 19 key application demonstration areas for its intelligent feedback system, covering over 2,000 schools and generating over 180,000 reports [5][6] - The overseas business achieved revenue of 4,347.84 million yuan in 2024, reflecting a year-on-year increase of 16.83% [13] Group 2: Strategic Initiatives - The company plans to expand its market coverage for the intelligent feedback system by deepening cooperation with educational authorities and optimizing functionality based on user feedback [7] - The company is actively pursuing a global strategy, having established subsidiaries in countries such as India, the USA, and the UAE [13] - The company aims to enhance its international market presence through partnerships, such as the collaboration with Microsoft on Teams Rooms certified products [11] Group 3: Financial Management and Shareholder Value - The company commits to distributing at least 30% of its distributable profits as cash dividends annually, ensuring a steady return to shareholders [20] - The company has implemented a second round of share repurchase plans to align the interests of shareholders and employees, enhancing long-term value [18] - The funds raised from the H-share listing will be allocated to product R&D, market expansion, and digital capabilities [14] Group 4: Technological Development and Innovation - The company is focusing on integrating AI technology into its products, particularly in the education sector, to enhance user experience and drive innovation [5][10] - The company has developed a hybrid AI technology system that combines its proprietary teaching model with third-party models to enhance educational applications [8] - The automotive electronics sector is identified as a key growth area, with the company providing core components for major automotive manufacturers [15]