Core Viewpoint - The company emphasizes the importance of adapting to changes in the overseas trade environment and has established a systematic risk management mechanism to enhance the operational resilience and risk capacity of its overseas production bases, particularly in Brazil and Bahrain [2]. Group 1: Operational Performance - The Brazilian subsidiary is experiencing a temporary loss due to a combination of production line maintenance and the depreciation of the local currency, the real [2]. - The operational situation of the Brazilian company is gradually improving since 2025 through enhanced production stability, optimized product structure, and strengthened local market expansion [2]. - The Bahrain company continues to maintain good profitability and a stable development trend [2]. Group 2: Risk Management Measures - The company actively engages with local government departments and industry organizations to establish a regular communication mechanism, closely tracking policy developments to ensure compliance with local regulations and industry directions [2]. - There is a continuous improvement in local operational management, promoting localization of the management team and production staff to enhance cross-cultural integration and decision-making efficiency [2]. - The company strengthens raw material assurance and supply chain backup capabilities to mitigate the impact of procurement and logistics fluctuations, achieving effective cost control through group purchasing and lean management [2]. - A mechanism to respond to exchange rate fluctuations has been established, exploring combinations of financial tools to reduce the impact of foreign exchange losses on profits, along with strict fund and budget management [2]. - The company has developed effective emergency plans and evaluation mechanisms, conducting regular risk assessments and stress tests to ensure rapid response to policy, market, or operational anomalies [2]. Group 3: Future Outlook - The company plans to continue deepening the refined management and compliance operations of its overseas bases to enhance sustainable operational capabilities in a volatile trade environment [2].