Company Project Progress - The Ningbo Phase II epoxy derivatives project is expected to commence production in March 2026, with an annual capacity of 60,000 tons, enhancing the company's competitive edge in the epoxy derivatives sector [2] Business Development - High-value fine chemicals, including electronic-grade vinyl carbonate, specialty surfactants, and polyurethane polyether polyols, are ready for market launch, aimed at fostering new growth momentum [3] Overseas Market Expansion - The Uzbekistan project is projected to achieve a 60% market share in its first year of production in 2025, and an Indonesian subsidiary has been established, indicating a focus on overseas capacity release and regional synergy [4]