Core Viewpoint - The company is progressing with its private placement project approved by the China Securities Regulatory Commission and will comply with relevant legal and regulatory disclosure obligations [1] Group 1: Company Operations - The company specializes in the research and sales of high-quality outdoor sports products [1] - It operates several brands including X-BIONIC, HOUDINI, and CRISPI, focusing on outdoor aesthetics and craftsmanship [1] - The company organizes outdoor activities and events, contributing to a comprehensive service offering for consumers [1] Group 2: Business Philosophy - The company encourages and assists individuals in engaging with outdoor activities and promoting health through sports [1] - It is committed to the philosophy of harmonious coexistence between humans and nature [1]