Core Viewpoint - The company is actively expanding its overseas market presence, with nearly 40% of current orders coming from international clients and over 50% of new orders signed this year being from overseas [3]. Group 1: Company Performance - As of July 31, 2025, the company's stock price closed at 15.51 yuan, reflecting a 1.17% increase, with a turnover rate of 2.35% and a trading volume of 86,500 shares, amounting to a transaction value of 134 million yuan [1]. - The company has not yet disclosed its second-quarter performance, with investors advised to await the upcoming semi-annual report for detailed financial results [2][3]. Group 2: Product and Market Development - The company produces liquid oxygen coolers that enhance rocket payload capacity and has entered the Chinese aerospace system with its independently operated specialty gases [2]. - The company has successfully operated air separation devices in high-altitude areas like Tibet, addressing challenges related to oxygen supply in harsh environments [2]. - The company is involved in ammonia methanol projects, claiming to have a mature technology path and successful operational experience, contributing to the "dual carbon" goals [2]. Group 3: Financial and Market Dynamics - The company anticipates that the recent drop in natural gas futures prices to $3, a near five-year low, will have a limited short-term impact on its gas segment profits due to existing annual procurement contracts with major suppliers [2]. - The company has experienced a decline in revenue for two consecutive years, prompting concerns about market participation and the need for enhanced company value management and promotion [2][3]. Group 4: Investor Relations - The company acknowledges the importance of improving operational efficiency and increasing promotional efforts to enhance its value for investors [3].