Group 1 - Serbia will cut excise duties on crude oil by a cumulative 60% to stabilize the local market and mitigate the impact of the Israeli-U.S. war with Iran [1] - The government previously reduced excise duties on fuel by 20% and plans an additional 40% cut, even at the cost of losing tax revenues [2] - Serbia has maintained a price cap on diesel and gasoline since February 2022, with weekly price adjustments by the government [2] Group 2 - Serbia has sufficient reserves of diesel, gasoline, and natural gas, ensuring no fuel rationing at petrol stations [3] - The current gas deal with Russia's Gazprom, which supplies up to 90% of Serbia's annual gas consumption, is set to expire on March 31, prompting Belgrade to seek an extension [3] - President Vucic emphasized the need for long-term sustainable arrangements to secure reliable energy deliveries [4]

Core Viewpoint - The company highlights the significant energy-saving effects of its liquid cooling technology, which can reduce energy consumption by 30%-40% compared to traditional air cooling methods [1] Group 1: Energy Efficiency - The company offers various liquid cooling solutions, including cold plate and immersion cooling [1] - The Power Usage Effectiveness (PUE) can be reduced to below 1.1, indicating high energy efficiency [1] - The specific energy-saving effects depend on environmental conditions, IT load, and cooling source configuration [1]

Group 1 - The company, Gaolan Co., has certain technological reserves in microchannel liquid cooling technology but has not yet achieved industrial application [1]