As per the investor relations activity record disclosed by New Yisheng, the company's sales revenue in the third quarter experienced a marginal decline, primarily attributable to periodic fluctuations in the shipment schedules of certain products. Nevertheless, when evaluating the present market demand and order trends, it is anticipated that the market will sustain its robust growth momentum in the fourth quarter of 2025 and into the following year. Presently, the overall demand for optical modules is projected to keep rising in the upcoming year. In response, the company is expediting its production capacity expansion. However, it is anticipated that there will be a certain time - lag before the increased production translates into shipments. The company projects that 1.6T products will witness substantial shipment volumes from the fourth quarter of this year through to next year. Furthermore, the company's silicon photonics products have commenced batch shipments.