Sen Qilin: Currently, the company has conducted the first round of price increases after considering multiple factors comprehensively.

Sen Qilin stated on April 8th on the interactive platform that the disturbance in the Middle East has caused global oil prices to rise. Some of the company's raw material prices are positively correlated with international oil trends, leading to temporary pressure on the company's raw material costs. However, there is a relative lag between raw material market prices and the company's cost end. The company adjusts its purchasing pace and stock-up strategy in a timely manner according to production needs and raw material market conditions. Currently, the company has conducted the first round of price increases after considering multiple factors such as product costs, terminal demand, and brand positioning, in order to minimize the impact of raw material fluctuations as much as possible.