高盟新材：公司高度重视创新研发工作，不断加大研发投入和研发人才队伍建设

Core Viewpoint - The company acknowledges both challenges and opportunities arising from U.S. sanctions, emphasizing its commitment to innovation and research and development [1] Group 1: Research and Development - The company has significantly increased its R&D investment, allocating 81.9096 million yuan for 2024, which represents 6.94% of its operating revenue [1] - As of June 30, 2025, the company employs 173 R&D personnel, with 75 holding master's degrees or higher, indicating a continuous improvement in professional expertise [1] - The company plans to enhance its independent R&D capabilities and will provide updates on project progress through regular reports [1] Group 2: Market Adaptation - The company is closely monitoring changes in international trade policies and aims to increase the proportion of import substitution technologies [1]