Core Viewpoint - The company, Wanma Co., is positioned as a leading provider of high-voltage cable materials in China and is actively monitoring the Yarlung Tsangpo River downstream hydropower project, which has a total investment of approximately 1.2 trillion yuan [1] Group 1: Company Position and Capabilities - Wanma Co. is recognized as the largest and most comprehensive materials service provider in the domestic wire and cable materials sector, with a focus on high-voltage applications [1] - The company has successfully developed and applied ultra-high voltage cable materials, including 220kV ultra-clean XLPE insulation materials and 220kV ultra-smooth shielding materials, in various domestic and international high-voltage projects [1] - In 2024, Wanma Co. will see the operation of the first domestic 110kV carbon black shielding cable, the delivery of the first cable for the State Grid's 220kV AC cable project, and the successful testing of the first domestic 500kV cross-linked polyethylene power cable system, marking significant breakthroughs in ultra-high voltage materials [1] Group 2: Industry Engagement - The company maintains a strong focus on national hydropower development plans and possesses extensive experience and historical achievements in large-scale hydropower projects [1] - Wanma Co. is continuously following up on the Yarlung Tsangpo River downstream hydropower project and will provide updates based on official disclosures [1]