Core Viewpoint - The company, Heshun Technology, is making steady progress in its M-grade carbon fiber project, focusing on key production processes and team expertise [1] Group 1: Project Progress - The M-grade carbon fiber project encompasses the entire production process, including polymerization, spinning, and carbonization, with the company currently preparing for trial production in the spinning phase [1] - All tasks related to the project are being carried out in an orderly manner [1] Group 2: Team Expertise - The core team for carbon fiber consists of members from leading domestic carbon fiber companies, possessing extensive experience in production operations, process optimization, and technical research and development [1] - Mr. Xiu Lei, the technical leader of the team, has deep expertise in key processes such as polymerization, spinning, and carbonization, which will guide the company's technical research and project advancement [1] Group 3: Acquisition Progress - The company is conducting due diligence on the acquisition of Xinli, with related work progressing steadily according to the established plan [1]

Core Viewpoint - The company is making steady progress on its carbon fiber project, focusing on the carbonization phase, which is set to initiate trial operations soon [1] Group 1 - The carbon fiber production process consists of three main stages: polymerization, spinning, and carbonization [1] - The current focus is on the carbonization stage, with preparations for equipment heating trials already underway [1] - Future updates on the project's progress will be provided through company announcements [1]