Core Viewpoint - The company is actively developing its live social e-commerce business and has achieved good results in e-commerce operation and live streaming, with plans to continue expanding and nurturing new brands while implementing a "bring in, go out" development strategy [2] Group 1: Business Development - The company has made significant progress in the e-commerce operation and live streaming sectors [2] - Future plans include further expansion and nurturing of new brands [2] - The company aims to deepen cooperation with existing brands to provide continuous growth for its e-commerce channel business [2] Group 2: Strategic Initiatives - The company is leveraging national policies aimed at boosting consumption to seize market opportunities [2] - There is a focus on integrating military-civilian fusion strategies to create a military-grade quality control system for civilian consumer goods [2] - The goal is to achieve collaborative development of military and civilian products [2]