Core Viewpoint - The company, Huaxing Chuangye, is facing challenges due to high dependence on major clients in the mobile communication services industry, leading to thin profit margins and losses despite stable business operations [1] Summary by Categories Business Performance - The company has a high reliance on downstream major clients, which affects its business stability [1] - Although the business is relatively stable, there has been a decline in prices, contributing to thinner profit margins [1] Cost Structure - The primary cost for the company in providing technical services is labor costs, which cannot be reduced proportionally [1] - The company has incurred losses due to increased R&D investments and management costs [1] Strategic Initiatives - The company plans to expand its business profitability by exploring new channels aligned with its development strategy [1] - Efforts will include actively seeking collaborations with operators and major equipment manufacturers in sectors such as government enterprises and digital economy [1] - The company aims to strengthen its overseas market development and pilot projects related to low-altitude economy [1] - The company is actively looking for new opportunities within the industry [1]