On November 7, Longhua Technology Group (300263.SZ) stated in an investor relations event that in terms of metal targets, we will increase cooperation with various panel manufacturers, continuously develop our new products according to customer needs, seek new growth while consolidating our existing market share; in terms of ITO target materials, we will continue to actively layout multiple paths such as perovskite, heterojunction, and stacked batteries. This year, the independently developed HITO target material for photovoltaic use has achieved a breakthrough in conversion efficiency, breaking the industry's electronic migration rate record, and achieving a qualitative leap. To meet the needs of photovoltaic enterprise customers to reduce costs and increase efficiency, the company's new low-indium, non-indium efficient target materials are also continuously being developed and have made significant breakthroughs. They are currently being applied in large quantities by well-known photovoltaic enterprises.