Group 1 - The company has made timely adjustments to its senior management team based on operational needs, ensuring stability in its core management team, which has not significantly impacted production and operations [1] - The company places high importance on the motivation and retention of core personnel, having implemented a restricted stock incentive plan and established bonus and excess profit reward guidelines for senior management for the year 2025 [1] - The industrial filtration business has been integrated into the company through the consolidation of the major shareholder's domestic operations, and current production and operations are normal [1] Group 2 - The automotive pad products have achieved localized mass production, indicating progress in the company's product offerings [1] - The lithium battery fiber paper has undergone stable pilot production and has passed the Alkegen MOC acceptance, allowing the company to begin small batch supply [1]

Core Viewpoint - The company emphasizes the stability of its core management team and the implementation of incentive mechanisms to retain key personnel [1] Management Stability - The company has made timely adjustments to its executive team based on operational needs, ensuring that the core management team remains stable [1] - The adjustments have not significantly impacted the company's production and operations [1] Incentive Mechanisms - The company has implemented a restricted stock incentive plan and established bonus and excess profit reward guidelines for senior management for the year 2025 [1] - These measures are aimed at effectively incentivizing and retaining core personnel [1] Business Operations - The company's industrial filtration business has been integrated into the company through the consolidation of the major shareholder's domestic operations, and current production and operations are normal [1]