Huali Group: Currently, the new factory in Indonesia has not yet achieved profitability.

During a recent institutional research interview, the Huali Group stated that there has been no significant decrease in orders from customers due to the large reduction or elimination of tariffs. There have been no major changes in the overall shipping pace of the company. Currently, it is the peak production season for the company, with orders being full and all factories running normally to ensure on-time delivery. The new factory in Indonesia is still in the early stages of production and has not yet turned a profit. The progress and operation of the Indonesian factory currently align with the company's expectations. In terms of profit margins, it is expected that there will not be a significant difference between the mature operation of the Indonesian factory and the Vietnamese factory.