Group 1 - The domestic resin market has achieved a double-digit localization rate, but complete localization will still require time [1] - The company is investing in its own R&D to achieve localized applications while collaborating with Bayi Shikong to enhance supply chain synergy [1] - Other suppliers are still in the testing phase for localization, and the upstream raw materials for resin (such as monomers and PAG) also face challenges in achieving localization [1]