The company highlighted that mature capacity utilization was 93.1%, and attributed fourth-quarter utilization dynamics to a mix of mature sites and newly delivered “ramp-up” capacity. In Q&A, management said utilization can fluctuate in quarters with heavy delivery activity because late-quarter deliveries can temporarily depress the utilization metric. For 2026, management said it was confident utilization would be maintained in a 70% to 75% range, with quarter-to-quarter variability.Management said wholesa ...