China Aviation Optoelectronics said at the performance briefing on April 28 that due to international geopolitics, risk aversion is rising, gold prices continue to rise, and copper, aluminum, etc. continue to fluctuate at a high level. The impact of rising commodity prices on the company's operating costs for the full year 2024 is expected to be manageable. The company is the earliest supplier in China with the ability to provide overall liquid cooling and cooling system solutions. The company's liquid cooling products are widely used in fields such as supercomputing liquid cooling, Internet data center liquid cooling, telecom operator computer room liquid cooling, etc., and its customer base covers leading customers in the fields of aviation, electronics, weapons, etc. in the defense field, as well as data centers, supercomputing, energy storage, wind power in the industrial and high-end manufacturing fields. With the rapid development of important engine fields such as computing power and data centers to develop new levels of productivity, it is expected that the company's liquid cooling business will develop rapidly in the future.