Core Viewpoint - The phosphate cathode material industry is facing pressure on overall profitability due to fluctuations in raw material prices and intensified competition. The company is committed to innovation-driven development and improving its integrated layout and refined management to address industry challenges [1] Industry Summary - The phosphate cathode material industry is experiencing challenges from multiple factors, including raw material price volatility and increased competition [1] - An industry association has issued an initiative to maintain the healthy and orderly development of the lithium iron phosphate material industry, which is expected to curb vicious price competition and promote high-quality industry development [1] - The company will closely monitor industry dynamics to continuously enhance its core competitive advantages [1]