As the disclosure comes to an end, the performance of the A-share electronics and communications industry in 2024 and the first quarter of 2025 has surfaced: the industry has fully embraced the wave of artificial intelligence (AI), and its performance has been stable and positive, ushering in a new round of growth cycle. According to IDC statistics, global smartphone shipments will reach 1.24 billion units in 2024, an increase of about 6.4% year-on-year, and the smartphone market will pick up. IDC predicts that the shipment of generative AI mobile phones will be nearly 420 million units in 2025, an increase of 82.7% year-on-year, which will account for one-third of the smartphone market share, and the market potential is huge. The industry leader Luxshare Precision will have revenue of 268.795 billion yuan in 2024, a year-on-year increase of 15.91%, and a net profit of 13.366 billion yuan, a year-on-year increase of 22.03%. In the first quarter of 2025, the company's performance continued to grow, with revenue of 61.788 billion yuan, a year-on-year increase of 17.9%, and a net profit of 3.044 billion yuan, a year-on-year increase of 23.17%.