Core Viewpoint - The adjustment of export tax rebate policies for battery products is expected to optimize the industry landscape in the long term, benefiting leading companies with technological, scale, and brand advantages [1] Company Strategy - The company primarily exports alkaline batteries and plans to negotiate pricing with overseas clients and strengthen cost control to stabilize the profitability of its export business in response to policy changes [1] - The company is actively promoting international capacity layout and has established cooperation with key overseas clients to implement capacity construction in relevant regions, while also planning more overseas capacity projects to enhance global supply chain resilience and localized supply capabilities [1]