Gelonghui November 4th. Hong Wei Technology (688711.SH) stated on the investor interaction platform that in terms of research and development progress, the company continues to increase research and development investment, expanding new business growth curves. First in the industrial control field, accelerating the enrichment and diversification of product models, a series of products around the application area of variable-frequency drives have been formed with various current specifications, richer part numbers, expanding more industrial control customers, and bridging more product application scenarios; in emerging fields such as data centers and server power management, bulk orders have been formed, and as new products accelerate iteration, orders related to power management will continue to increase. In addition, two SiC hybrid modules and one SiC MOS module have been successfully developed and passed customer whole machine performance tests; top heat dissipation single pipes have been successfully developed and passed customer whole machine performance tests; three seventh-generation IGBT module production engineering samples have obtained overseas customer test orders. In the field of new energy generation, the company is accelerating the research and development and listing of high-voltage solar energy storage series products, with multiple products in the 1700V series already developed, mainly used in high-voltage inverters, wind power converters, etc.; multiple current specifications of modules from 650V to 1700V have been developed to meet customer usage requirements; energy storage used 650V 200A IGBT module products have been delivered in small batches; the seventh-generation IGBT module iterations for energy storage power stations have been successfully developed and samples sent to top customers. In the field of new energy vehicles, the company is making efforts in product research and development, quality control, and market expansion, ensuring zero defects in products through continuous technical innovation and introducing new technologies. Specifically, the vehicle regulation seventh-generation IGBT module iteration product has been successfully developed and samples sent to top customers; the vehicle 750V double-sided heat dissipation plastic encapsulated module has been put into mass production, with plastic encapsulation technology possessing a relatively leading advantage in the domestic market, realizing a dual-track simultaneous sealing business structure combining traditional potting and new plastic sealing. After achieving scale production, it will also bring a certain increment to the company's performance.