Core Viewpoint - The company has successfully discovered the Weizhou 5-3 oil field in the southern part of the potential mountain structure zone using WEFOX dual-focus imaging technology, with production expected to commence in June 2025 [1] Group 1: Oil Field Discovery - The company utilized WEFOX dual-focus imaging technology to obtain high-definition data for exploration [1] - The Weizhou 5-3 oil field is set to commence production in June 2025 [1] Group 2: Expansion Plans - To expand the oil field to the north, the company has deployed the WZ5-3N-1 exploratory well following the principle of "overall planning, step-by-step evaluation, and rolling development" [1] - The company has completed various preparatory works for the WZ5-3N-1 well, including site verification, geological design, engineering design, marine condition surveys, and obtaining drilling permits [1] Group 3: Financial Implications - If the WZ5-3N-1 well drilling is successful and shows good oil and gas indications, all expenditures related to preparatory work, drilling, and supporting services will be temporarily capitalized [1] - In the event of a drilling failure, the portion of expenditures borne by Wisdom Petroleum will be accounted for in the company's current profit and loss [1]