Core Insights - The industry is experiencing a significant trend towards consolidation, with increasing scale effects and a notable decline in the number of inspection and testing institutions, particularly small and micro entities [1] - The competitive landscape remains fragmented with no clear market monopolies, but the industry is expected to undergo a reshaping process that will challenge smaller players while providing strategic opportunities for larger, more capable institutions [1] - The company plans to adapt to these changes through cross-regional and cross-sector investments, as well as international expansion strategies to enhance its competitive edge and solidify its market position [1] Industry Overview - The number of inspection and testing institutions has decreased for the first time, indicating a shift in the market dynamics [1] - The overall inspection and testing market is characterized by intense competition and a lack of significant monopolistic behavior [1] - National policies are steering the development goals of the inspection and testing industry towards marketization, internationalization, specialization, intensification, and standardization [1] Company Strategy - The company aims to respond proactively to the evolving industry landscape by pursuing strategic investments and international ventures [1] - The focus on enhancing comprehensive competitiveness is crucial for maintaining and strengthening the company's position within the industry [1]