Group 1 - The fund "Chunhou Era Selected Mixed A" was established on January 27, 2022, and has a total management scale of 0.16 billion [1] - As of July 30, 2025, the fund achieved a one-year return of 21.87%, outperforming the benchmark growth rate of 21.68% [1] - The fund's maximum drawdown over the past three years was 39.43% as of July 30, 2025 [1] - The proportion of institutional investors in the fund reached 13.28% according to the 2024 annual report [1] Group 2 - The company is expanding its capacity in the AI server sector, with production facilities in Huai'an, China, and Thailand [2] - The company is actively collaborating with terminal customers in the server market, with the first phase of the Thailand facility completed and in the customer certification and sampling stage [2] - The production cost differences between the Thailand and mainland facilities will be assessed after formal mass production begins [2] - The company's capital expenditure this year is focused on the Thailand facility, soft board expansion, and high-end HDI and SLP projects in Huai'an [2] - The new product requirements are expected to impose higher demands on production processes and performance [2] - The new capacity deployment cycle is approximately six months from equipment layout to production [2] - The company is set to achieve customer certification for optical modules in the second half of 2024 and is actively seeking new clients [2]