Group 1: Financial Performance - The company's Q3 revenue decreased compared to the same period last year primarily due to the loss of control over a subsidiary, which is no longer included in the consolidated financial statements. Excluding this impact, the main business revenue remained stable year-on-year [3] - The net profit for the quarter declined due to fluctuations in customer orders and government subsidies, but the overall net profit for the first three quarters showed significant year-on-year growth [3] - The gross profit margin for the main business has remained stable over the past two years, indicating a positive development trend [3] Group 2: Impact of Tariffs and Global Operations - The company has diversified its global operations, with rapid growth in regions such as Asia-Pacific, South America, the Middle East, and Africa, which enhances its risk resilience against geopolitical issues [3] - The establishment of a manufacturing center in Vietnam in 2023 helps mitigate tariff issues and meets operational capacity needs [3] - The company believes the impact of U.S. tariff policies on its overall performance is controllable and limited [3] Group 3: Technological Advancements - Since 2014, the company has invested in artificial intelligence (AI) technology, developing solutions for fleet management and AI-assisted driving [3] - The launch of the SafeGPT product in 2024, based on large model technology, aims to improve operational safety and efficiency for users [3] - The company plans to continue tracking emerging technologies to develop intelligent products that meet customer needs [4] Group 4: Future Strategic Focus - The company will increase R&D investment in advanced intelligent driving technology, focusing on the application of the XBus solution in public transport and logistics vehicles [4] - The company aims to enhance its core competitiveness and accelerate the commercialization of new technologies [4] Group 5: Overseas Market Development - The overseas business has shown good growth in the first three quarters, with an optimistic overall demand trend [5] - Future efforts will focus on optimizing global business layout and expanding into emerging markets to enhance resilience against external uncertainties [5]