Group 1 - The core viewpoint is that the consumer electronics sector remains stable, and short-term industry disruptions will not alter the upward trend of the company [1] - Concerns about rising storage prices affecting end consumers and overall profitability in the supply chain are mitigated by long-term agreements with major clients and suppliers [1] - The company's ODM shipment volume is expected to continue growing due to increasing industry penetration and market share among leading ODM manufacturers [1] Group 2 - The company leads in the domestic PC ODM market, with laptop shipments expected to exceed 18 million units in 2025, contributing to over 30% revenue growth in the first three quarters of 2025 [2] - The company anticipates continued high growth in laptop shipments, with significant contributions expected from North American clients starting in 2026 [2] - The company aims to further enhance its global laptop ODM market share and narrow the gap with Taiwanese manufacturers [2] Group 3 - The data center business is projected to maintain high growth, with expected revenue exceeding 40 billion in 2025, despite geopolitical uncertainties [3] - The company has achieved significant growth in AI servers and general servers, alongside a strong accumulation of cross-platform system R&D capabilities [3] - Future revenue growth in the data center segment is anticipated, with an optimized product structure and steady improvement in profitability [3]