Group 1: Company Performance - The main drivers of the company's revenue growth in the first three quarters are: robust revenue increase from core membrane business, dual-driven growth from domestic and international markets, and optimization of product structure leading to higher sales of high-value-added products [2]. Group 2: Overseas Market Expansion - The company ensures sustainable development of overseas business by establishing a balanced global market layout, utilizing diversified channels, and local operations to reduce reliance on a single market. Continuous technological innovation and mature solutions create differentiated advantages and core competitiveness [2]. Group 3: Capacity and Demand - The current production capacity is sufficient to meet market demand, with the ability to further enhance capacity based on equipment upgrades. The production base has reserved space for expansion, allowing dynamic adaptation to market growth without becoming a bottleneck for the company's development [3]. Group 4: New Project Development - The Nanjing new project is currently in the early planning stage and remains uncertain [2].