Hongli Group Inc. has released its financial results for the years ended December 31, 2024, and 2023. The company's revenue, primarily derived from the sale of cold roll-formed steel profiles such as agricultural machinery cab assemblies and construction machinery cab assemblies, is influenced by its ability to maintain and develop customer relationships with key clients including LOVOL, South Korean VOLVO, and XCMG. The results indicate that revenue is also impacted by market competition, economic conditions, pricing strategies, inflationary pressures, and foreign exchange rate fluctuations. The management of Hongli Shandong continues to assess the feasibility of opening a sales office in the U.S., a move that has been delayed due to geopolitical tensions. The potential office is under evaluation pending the development of market opportunities in the U.S. The company's gross profit, calculated as the difference between revenue and the cost of revenue, is primarily affected by the cost of raw materials and direct labor. No specific figures for variations in sales/revenues, net income/profit/loss, or earnings per share $(EPS)$ were disclosed in the brief. However, any significant changes in these areas are critical for the company's response to competitive market conditions and customer demands.