Meg Intelligence: The increase in storage chip prices is being transmitted to downstream customers in a reasonable and orderly manner.

Meg Intelligence stated during an investor call on June 11 that the company currently has a large amount of inventory, much of which is storage chip stock. In the early stages of the rise in storage chip prices, the company made significant strategic stockpiles based on research and development projects, order situations, and market predictions to ensure smooth delivery of customer orders, which has had a positive impact on subsequent product profits. We have passed on the increased costs of storage chip prices to downstream customers in a fair and orderly manner, adjusting prices for products such as automotive products and overseas operators' 5G products.