Group 1: Product and Supply Chain - Yttrium plays a crucial role in stabilizing zirconia, enhancing its toughness and optimizing its microstructure, making it essential for high-strength zirconia ceramics [1] - The company has established a multi-source supply assurance system for yttrium-stabilized zirconia powder, maintaining key raw material inventory above safe levels [2] - Alternative solutions have been validated for short-term seamless switching, ensuring no risk of supply instability in the near term [2] Group 2: Export and Regulatory Compliance - The yttrium in dental zirconia products cannot be extracted for secondary use, and the company has obtained export licenses, ensuring no barriers to existing overseas sales [1] - The execution team is familiar with dual-use item export processes, maintaining stable customs clearance cycles [2] Group 3: Overseas Market Development - The company has made substantial progress in overseas channel development, establishing a full chain from access to sales and service [2] - Subsidiaries are located in the USA, Germany, South Korea, and Japan, with technical service teams in India, the Middle East, Australia, South America, Vietnam, Brazil, and the Arab region [2] - The overseas network is positioned for rapid scaling, supported by direct sales and clinical business strategies to enhance profitability and reduce production cycles [2]

Group 1: Product and Supply Chain Insights - Yttrium plays a crucial role in stabilizing zirconia, enhancing its toughness and optimizing its microstructure, making it essential for high-strength zirconia ceramics [1] - The company has established a multi-faceted supply assurance system for yttrium-stabilized zirconia powder, including annual price and volume agreements with key suppliers, ensuring stable inventory levels [2] - There is no short-term risk of supply instability, as the company has completed small-scale verification of alternative solutions and is familiar with export processes [2] Group 2: Export and Market Access - The yttrium in dental zirconia products cannot be extracted for reuse, and the company has obtained export licenses, ensuring no impact on existing overseas sales [1] - The company has made substantial progress in overseas channel development, establishing a full chain from access to sales and service, with subsidiaries in the US, Germany, South Korea, and Japan [2] - The overseas channel network is positioned for rapid growth, supported by direct sales and clinical business strategies, enhancing profitability and reducing production cycles for customers [2]