Financial Performance - In the first three quarters, the company achieved total revenue of 1.355 billion CNY, a year-on-year increase of 29.8% [2] - The net profit attributable to shareholders for the same period was 27.8539 million CNY [2] - In Q3 alone, the revenue was 506 million CNY, up 33.22% year-on-year, with a net profit of 11.0691 million CNY, reflecting a 94.58% increase [2] Thailand Factory Development - The Thailand factory project is located in the Rayong Industrial Zone and focuses on producing various types of circuit boards [3] - The project began trial operations at the end of 2024 and is currently in mass production, having passed audits from multiple overseas clients [3] - The factory aims to serve both overseas customers and existing domestic clients' overseas factories, enhancing market competitiveness [3] AI Sector Engagement - The company has established a presence in the AI data center power supply sector, covering first, second, and third power supplies [4] - The new HVDC architecture requires significant advancements in PCB design, indicating increased technical challenges [4] - Several second and third power supply projects are expected to enter mass delivery in Q4 of this year [4] Embedded Components Strategy - The company is committed to the research and development of embedded technology for chips, capacitors, and inductors [5] - Current applications include AI power modules and automotive "three electric" systems, with a focus on innovative industry trends [5] Raw Material Price Impact - The company faces profit pressure due to high volatility in raw material prices, particularly copper and gold [6] - Strategies to mitigate cost impacts include enhancing product value and optimizing product structure to increase the proportion of high-margin products [6]