Core Viewpoint - The company is actively expanding its library RFID solutions into the European and North American markets, with significant developments in its European operations since 2023 [2]. Group 1: European Market Expansion - The company employs a dual-track approach to expand into the European market, utilizing integrators for product exports and establishing a local team for technical support and project implementation [2]. - European business has accelerated significantly due to continuous improvements in the overall library solutions, product iterations, and cost optimization [2]. - Specific achievements in Europe include increased product sales, a partnership with a public library group in France for project implementation this year, and a framework contract with a well-known university in France for phased implementation over the next two years [2]. Group 2: Product Development and Innovation - The company successfully launched an AI multi-functional intelligent recommendation tool for libraries, completing its Beta version implementation [2]. - The current contribution of European business to the overall library operations is still small, indicating that the company is in the market expansion phase [2]. - The international business team for libraries will continue to strive for business scale expansion [2].