During its performance briefing, Hikvision reported a robust performance in the first quarter of this year. Despite the adverse effects of exchange rate fluctuations, the net profit attributable to the parent company surged by 36.42% year-on-year. Looking ahead to the full year, the company adopted a prudent stance due to uncertainties stemming from the situation in the Middle East, oil price volatility, and storage costs. Hikvision forecasts a high single-digit growth in annual revenue and a double-digit increase in net profit attributable to the parent company, with a relatively wide range provided for the performance outlook. The key drivers of the company's growth are the swift expansion of its innovative businesses and the consistent performance of its domestic and international operations. Excluding the impact of exchange rate fluctuations, the net profit performance would be even more remarkable, largely attributable to management enhancements and gross margin improvements. Nonetheless, the company acknowledges that its annual operations are still fraught with numerous uncertainties and will therefore proceed with caution.