On May 25, Union Rui New Materials addressed market concerns on an investor interaction platform. It stated that the value and prices of some of its products had risen, influenced by factors such as market demand upgrades and changes in export tax rebate policies. In the meantime, the company shared updates on the progress of two high-end material projects: the construction of the ultra-pure spherical powder material project, tailored for high-performance high-speed substrates, is unfolding in three phases. The first phase has been successfully completed, and the second and third phases are set to proceed as planned. The high-thermal-conductivity high-purity spherical powder material project is currently in the planning and design phase, with subsequent construction slated to commence as scheduled. Once completed, these two projects are anticipated to further solidify the company's market standing in the realm of functional advanced powder materials.