On October 28, Junzheng Co., Ltd. unveiled a report detailing its investor relations activities, outlining a strategic focus on three pivotal domains: market clientele, product proficiency, and supply reliability. In the realm of market expansion, the company is concentrating on the NorFlash sector and has successfully penetrated the premier supply chains that exhibit robust demand for AI servers. Simultaneously, it is conducting forward-looking research and development endeavors centered around AI storage solutions. Concerning supply, while the issue surrounding NorFlash production capacity has been resolved, DRAM production capacity continues to be a bottleneck, with the new capacity anticipated to materialize only after 2027. Consequently, DRAM growth in 2027 is likely to hinge primarily on price escalations. In the sphere of research and development, the company is capitalizing on its newly established R&D hubs in Shanghai, Suzhou, and other strategic locations to bolster localized R&D capabilities and venture into burgeoning markets. Furthermore, prices for analog chips remained steady during the first three quarters but are slated for adjustments starting this quarter, primarily attributable to escalating upstream material costs and price hikes by competitors. The specific magnitude of the price increase will be fine-tuned in accordance with market dynamics.