Core Viewpoint - The company is changing its name to better reflect its strategic positioning and business direction towards becoming a "technology-based sleep solution provider" [1] Group 1: Company Name Change and Strategic Shift - The board of directors of Xilinmen has approved a proposal to change the company's name from "Xilinmen Furniture Co., Ltd." to "Xilinmen Health Sleep Technology Co., Ltd." [1] - This name change aims to more accurately reflect the company's strategic positioning and business development direction [1] Group 2: Business Transformation and R&D Investment - Xilinmen has been continuously investing in sleep technology research and development, currently holding a total of 2,376 valid patents, including 73 valid invention patents [1] - The product range has expanded from traditional soft furniture to include smart deep sleep series [1] Group 3: Market Demand and Consumer Trends - Over 300 million people in China suffer from sleep disorders, with approximately 150 million requiring active intervention, according to the "2025 China Sleep Health Survey Report" [1] - The sleep economy market in China has exceeded 400 billion yuan, with increasing consumer emphasis on sleep quality [1] - Technologies such as smart sleep monitoring, sleep aid audio, biofeedback adjustment, and intelligent temperature and humidity control are becoming new standard features in products [1] Group 4: Competitive Landscape and Technological Advancements - In the international market, sleep technology has become a competitive focus, with leading brands like SleepNumber and EightSleep establishing technological advantages [2] - Xilinmen has made breakthroughs in the smart sleep field, upgrading core technology modules such as flexible air bags and intelligent sleep monitoring systems [2] - The company has achieved innovative breakthroughs in dynamic adjustment of mattress firmness and intelligent adaptation of sleep environments [2]