On November 11th, Streamax Technology (002970.SZ) announced that the inventory at the end of the third quarter grew significantly faster than at the beginning of the year. The main reason for this is that the proportion of work-in-process and outgoing commodities in the inventory is relatively high, accounting for 45% of the total inventory, an increase of 90% compared to the beginning of the year, which to some extent boosted the inventory turnover rate; of which outgoing commodities were about 0.17 billion yuan, a growth of over 116% compared to the beginning of the year. Secondly, the proportion of raw materials, which saw a nearly 63% increase compared to the beginning of the year, mainly due to the company's stocking up for future operations. Regarding inventory management, inventory is one of the important assets that the company focuses on controlling daily. Every year, at least two comprehensive physical inventories of all inventory items are conducted in mid-year and at the end of the year. Besides verifying the accuracy of the inventory, checks are also made for any slow-moving or unfavorable situations. At the same time, in accordance with the company's inventory management system and relevant regulations, sufficient provision for inventory impairment losses has been made, and operational analyses such as inventory age and turnover rate are conducted monthly. With enhanced control over inventory by the company, by the end of September this year, compared to the end of the previous year, the inventory turnover days have decreased by 23 days, and turnover efficiency has steadily improved. In the future, inventory will continue to be an important asset under daily control by the company. It is crucial to control the total inventory quantity reasonably, procure effectively, avoid stagnation, continuously improve inventory turnover, and enhance asset utilization efficiency.