Core Viewpoint - The company emphasizes that each business development model is determined by its own circumstances, and it respects the strategic considerations of various manufacturers, including clients [1] Group 1: Business Development Models - The construction of semiconductor manufacturing lines is characterized by long cycles and heavy asset investment, making it challenging for a single design company's self-built line to serve similar competitive design companies [1] - The company operates as a professional pure foundry, accumulating strong process technology in the foundry business through long-term process development and production practice, which provides advantages in product iteration and cost control [1] - The collaboration between Fabless or Fablite design companies and the company allows for the avoidance of significant fixed asset investments, enabling more focus on product design and iteration [1] Group 2: Industry Dynamics - The IDM model and the Fabless or Fablite model (in cooperation with pure foundry manufacturers) each have their own advantages and disadvantages, indicating that these business development models will coexist in the industry for the long term [1]