BOE Technology Group A: Future capital spending is showing a overall downward trend.

A stated during institutional research that future capital expenditures will overall show a decreasing trend. The peak of capital expenditures will be in 2025, mainly due to a large investment in the Chengdu 8.6th generation OLED production line project; there will still be some expenditures in 2026, mainly for subsequent equipment purchases; starting from 2027, as mass production is completed and with no new investment plans for production lines, capital expenditures will decrease significantly. Subsequent expenditures will mainly include maintenance costs and investments in innovative areas such as perovskite, glass substrate packaging boards, but the funding requirements in these areas are far lower than the needs for panel production line construction.