Core Insights - The main driver for the profit growth in Q3 is the steady increase in membrane business revenue, supported by simultaneous expansion in both domestic and overseas markets, along with the optimization of product structure, particularly in high-value products like seawater desalination membranes [1] Group 1: Q3 Performance - The profit growth in Q3 is attributed to the membrane business, which has seen revenue growth from both domestic and international markets [1] - High-value products, such as seawater desalination membranes, have significantly contributed to the overall profitability [1] Group 2: Project Updates - The Nanjing new project is currently in the early planning stage, with specific details yet to be determined, indicating future uncertainties [1] - The company will fulfill its information disclosure obligations based on the progress of the project [1] Group 3: Capacity Planning - Existing production capacity can be enhanced through equipment upgrades, and there is ample reserved space for expansion to meet market demand [1] - The company emphasizes that capacity will not become a bottleneck for its development [1]

Group 1: Financial Performance - The company's profit growth in Q3 is primarily attributed to the increase in membrane business revenue, with simultaneous growth in both domestic and overseas markets, and continuous optimization of product structure, particularly in high-value products like seawater desalination membranes [2] Group 2: Project Development - The Nanjing new project is currently in the preliminary planning stage and has uncertainties associated with it [2] Group 3: Production Capacity - The existing production capacity is sufficient to meet market demand, with potential for further enhancement through equipment upgrades. The production base has reserved space for capacity expansion, ensuring it can dynamically adapt to market growth without becoming a bottleneck for the company's development [2] Group 4: Revenue Composition - The ultra-pure water membrane products currently represent a relatively low proportion of the company's overall revenue and do not constitute a core revenue source [3]