Core Viewpoint - The company has been collaborating with domestic research institutions and other related companies for years to develop water electrolysis hydrogen production power sources, indicating a strong technical foundation in the hydrogen sector [1] Company Summary - The company has developed hydrogen production power sources that can be adapted to different application scenarios, showcasing its versatility in product offerings [1] - Currently, the order volume for the hydrogen-related business is still small, as the industry is in a cost-reduction phase and there is room for improvement in the stability of key materials and their application scale [1] - If the hydrogen industry accelerates its large-scale application, the company's order proportion from this sector is expected to increase, although the pace of industry development, technological iteration, and market competition will introduce uncertainties [1] Industry Summary - The hydrogen industry is still in the cost-reduction stage, with ongoing efforts to enhance the domestic production of key materials [1] - The future growth of the hydrogen sector is contingent upon various factors, including the speed of industry development and technological advancements, which may affect the overall market dynamics [1]