2025-06-27 00:50Group 1: Industry Trends and Company Response - The company is responding to the electrification trend in the industry, with increasing penetration rates of new energy in heavy trucks, light trucks, and construction machinery due to policy support and cost reductions. The future application space is broad [1] - By the end of 2024, the company plans to launch a full range of new energy power battery products and promote capacity implementation [1] - The company leverages its full industry chain advantages to accurately understand customer needs in niche markets and quickly respond to the development of new energy products [1] - Significant breakthroughs have been made in battery thermal management, intelligent management, and lifecycle reliability, with plans to seize market opportunities and enhance the performance contribution of new energy business [1] Group 2: Dividend Policy - Considering the dividend distribution plan for 2024, the total cumulative dividends since the company’s listing will reach nearly 35 billion yuan [2] - The company values shareholder opinions and continuously rewards them through dividends [2] - Future dividend policies will balance company development and shareholder interests, taking into account market conditions, operational cash flow, and future funding needs [2] Group 3: Business Development Goals - Since 2025, the company has benefited from strong industry demand, leading to rapid growth in sales of the M series large-bore engines, with significant increases in data center product sales [2] - The company aims to leverage its advantages in technical performance, production capacity, and delivery efficiency to achieve annual sales targets and capture key high-end markets such as data centers [2] - The focus is on further enhancing market share and profitability [2]