SACRED SUN(SZ:002580)2025-05-15 10:36Group 1: Company Performance and Financials - The company achieved a revenue of 754 million CNY in Q1 2024, representing a year-on-year growth of 26.48% [7] - The total profit for the same period was 54 million CNY, an increase of 10.12% compared to the previous year [7] - In 2024, the revenue from new energy and emergency storage batteries reached 1.669 billion CNY, accounting for 55.35% of total revenue, with a year-on-year growth of 15.20% [10] Group 2: Strategic Developments and Mergers - The strategic merger between the controlling shareholder Shandong Guohui and Shandong Development Investment Holding Group has been approved, with the merger agreement signed on April 9, 2025 [3][4] - Post-merger, Shandong Guohui will be renamed Shandong Development Investment Holding Group, and this will not lead to changes in the controlling shareholder or significant impacts on normal operations [5][8] Group 3: Market Position and Product Development - The company is actively participating in tenders for data center backup batteries, focusing on providing reliable power solutions for major internet companies and telecom operators [3][4] - The company has developed high-power lead-acid batteries and UPS high-voltage DC lithium power systems, which are widely used in data centers [3] - The company is advancing research in solid-state batteries and sodium-ion batteries, with products entering market validation stages [9][10] Group 4: Investor Relations and Market Strategy - The controlling shareholder holds 104,738,998 shares, representing 23.08% of the total share capital, while Shanghai Kuande Fund has increased its holdings to 25,209,177 shares, or 5.55% of the total [5] - The company is committed to enhancing governance, improving information disclosure, and strengthening investor relations to boost operational performance and market value [6][9]