Core Viewpoint - The company is facing challenges in achieving cost reduction and efficiency improvement, with ongoing efforts to optimize raw material procurement and production processes [2][7]. Financial Performance - As of July 25, 2025, the company's stock price closed at 4.91 yuan, down 0.41%, with a turnover rate of 2.36%, trading volume of 257,600 shares, and a transaction amount of 128 million yuan [1]. Shareholder Communication - The company has received 500,000 yuan in compensation related to urban relocation, and the old factory land has not yet been listed for sale [2]. - The company is aware of the importance of mergers and acquisitions as supported by the regulatory body and will comply with disclosure obligations [3][4]. - The company is focusing on its core business and aims to enhance its operational performance and shareholder returns [7]. Market Activity - On July 25, 2025, there was a net outflow of 4.19 million yuan from major funds, accounting for 3.27% of the total transaction amount, while retail investors saw a net inflow of 6.92 million yuan, representing 5.4% of the total transaction amount [8].