### Overview Dongjie Intelligent Technology Group Co., Ltd. has released its annual report for 2024, revealing significant changes in its operations and financial position. The report focuses on the company’s challenges, financial performance, and strategic directions as it adjusts to market conditions. In particular, the report highlights a decrease in main business revenue due to lower demand from downstream customers, increased industry competition, and cost overruns on projects.

### Key Financials The financial results indicate a concerning trend, as the company has recorded losses for two consecutive years. The total operating revenue has declined significantly, which reflects the challenging environment. On a more positive note, Dongjie experienced a remarkable improvement of 65.19% in its net cash flow from operating activities when compared to the previous year, showcasing its robust ability to navigate financial challenges amidst increasing operational pressures.

### Management Commentary Management's tone in the report remains cautiously optimistic despite the negative financial performance. They highlighted the strong order situation, especially in international markets, suggesting a solid pipeline for future growth. The company’s implementation of measures to improve market value and its commitment to stability amid changing market dynamics reflect its proactive management approach.

### Trends and Drivers Several trends are influencing Dongjie’s performance. A decline in domestic demand paired with industry competition has pressured revenue, while significant progress in securing international project orders offers a bright spot in their strategy. Investment in research and development continues to rise, focusing on integrating advanced technologies such as 5G, big data, and artificial intelligence to build comprehensive intelligent manufacturing solutions.

### Risks and Outlook While the company states that it does not face delisting risks as per the Growth Enterprise Market rules, external factors such as trade tensions and macroeconomic fluctuations could impact its smart logistics segment. It is essential for the firm to adapt its operational strategies in response to these potential headwinds. Investors should watch the progress of plans to convert its convertible bonds and the outcome of research projects they have in development.

### Conclusion In summary, Dongjie Intelligent Technology Group is facing significant challenges that have resulted in declining revenues and consecutive financial losses. However, the company showcases resilience through improved cash flow and efforts to expand its international footprint. Continuous investment in research and development positions the company for future growth, albeit with a cautious eye on external economic factors. Stakeholders should keep informed about the firm's strategic initiatives as it navigates this transitional period.