WaveOptics anticipates that the semiconductor industry will shift towards higher performance, miniaturization, and integration in the years ahead. This transition is poised to directly bolster the semiconductor optics market and broaden its application scope. The company remains steadfast in its commitment to forward-looking R&D investments and potential market exploration, marked by a consistent increase in the diversity of semiconductor-related optical products and an expanding customer base. During the first three quarters of 2024, revenue from the semiconductor and pan-semiconductor sectors accounted for 11% of the company's total revenue. In the fourth quarter, WaveOptics received a steady stream of incremental orders for its PCB precision laser micromachining lens products, which, upon successful execution, is expected to have a favorable impact on the company's overall performance.