Core Viewpoint - The company announced a reduction in production at its subsidiary, which is expected to lower operational costs and reduce business losses [1] Group 1: Company Actions - The company’s subsidiary, Haikong Sanxin (Bengbu) New Energy Materials Co., Ltd., has recently implemented a shutdown of a 550-ton kiln and five deep processing production lines [1] - The decision to reduce production is aimed at improving the financial performance of the company by decreasing operational costs [1] Group 2: Financial Implications - The shutdown and reduction in production are anticipated to help mitigate the company's operational losses [1]