Core Viewpoint - The company clarified that its functional films differ from those produced by Hengli, indicating no direct competition between the two [1] Company Strategy - The company is considering mergers and acquisitions (M&A) based on its core business, strategic direction, industry development, business synergy, and M&A costs [1] - Any potential M&A plans will comply with the disclosure requirements of the Shenzhen Stock Exchange's Growth Enterprise Market listing rules [1]