Group 1: Company Actions and Strategies - The company has taken practical actions to address risks in the cross-border e-commerce export industry, as detailed in the 2024 annual report's management discussion section [2] - The company plans to gradually increase R&D investment in line with the recovery and orderly development of its business operations [3] - The company has not yet utilized forward foreign exchange settlement tools [3] Group 2: Competitive Positioning - The company has faced operational risks in its cross-border e-commerce export business due to debt issues and intensified industry competition. However, it has resolved its debt crisis through bankruptcy restructuring and will leverage liquidity support from restructuring investors to enhance its competitive advantage [3] - The emergence of new cross-border e-commerce platforms provides opportunities for the company to implement a multi-platform operating strategy, which may aid in the recovery and development of its e-commerce business [3] Group 3: Subsidiary Developments - The two newly established subsidiaries, Changsha Yueyun Tree Technology Co., Ltd. and Changsha Xiangshu Cloud Technology Co., Ltd., have not yet commenced operations, and their business plans are currently unspecified [3] Group 4: Project Benefits - The smart scheduling cloud platform project is related to the company's original software and information technology services, which currently focus on cross-border e-commerce [3] Group 5: Disclosure Information - The investor relations activity did not involve any undisclosed significant information [3]