JONJEE(600872) 财经网·2025-04-15 03:25Group 1 - The core viewpoint of the company is focused on its marketing transformation progress, which includes customer segmentation management, marketing system construction, and price recovery efforts, particularly in new retail management, showing positive growth momentum [1] - The company aims for a balanced approach between internal transformation and external mergers and acquisitions (M&A), targeting high single-digit organic growth while pursuing higher growth through M&A, emphasizing quality and sustainable development rather than merely achieving performance targets [2] - The company acknowledges a decline in R&D expenses due to structural adjustments and optimization efforts, with plans to enhance collaboration with universities and experts, increasing R&D investment to shift from a follower to a leader in innovation capabilities [3] Group 2 - The company plans to strengthen channel construction in four key areas: repairing the price system in the South China market, adjusting distributors in key account channels, enhancing new retail channels, and increasing development in the catering channel to create new growth points [3]