Group 1 - The core viewpoint of the articles indicates a cautious outlook among manufacturers regarding Macau's export prospects for the next six months, with a notable increase in pessimism compared to the previous quarter [1][2] - In Q1 2025, the average number of months of orders on hand for surveyed manufacturers is 3.0 months, a decrease of 0.4 months from Q4 2024, with the apparel manufacturing sector leading at 4.9 months [1] - The market outlook for exports shows that 26.9% of surveyed manufacturers are optimistic about export prospects, an increase of 3.9 percentage points from the previous quarter, while 52.3% are pessimistic, a significant rise of 29.2 percentage points [1] Group 2 - The primary issue affecting export activities is "insufficient orders," reported by 68.2% of surveyed manufacturers, followed by rising raw material prices at 38.2% and intense price competition in foreign markets at 36.4% [2] - For the next three months, 43.2% of manufacturers cite "insufficient orders" as a major concern, while 15.8% highlight "intense price competition in foreign markets" [2]