On May 19th, it was reported that during a targeted investor research event, Stick unveiled that its principal R&D initiative for 2025 centers on the "Research and Development of Magnetic Materials: Design, Synthesis, Modification, and Precision Coating." As of now, the project has successfully concluded all R&D endeavors and attained the anticipated goals. By the conclusion of the reporting period, Stick had comprehensively grasped the integrated core technology for magnetic particles, encompassing synthesis, surface modification, and precision coating. The scope of R&D products is broad, spanning soft magnetic, hard magnetic, and composite magnetic coatings, thereby establishing a holistic system of independent intellectual property rights. This system offers robust backing for the commercialization of technologies. Leveraging its sophisticated precision coating techniques, the company has erected formidable technological barriers. In terms of commercialization strategy, Stick prioritizes leveraging existing production lines for adaptation. Furthermore, in August 2025, the company established a new subsidiary specifically dedicated to the commercialization and capacity expansion of this project, thereby laying a sturdy foundation for the large-scale production of products.