Gelonghui On November 14th, Zhejiang Crystal-Optech (002273.SZ) stated during a specific research conducted on November 12, 2024, that although the company's end customers are large clients, the company is located at the upstream of the industry chain, and some products are delivered and settled with downstream partners. In order to reduce international risk factors, the company established a base in Vietnam in 2021 and set up a subsidiary in Singapore in 2023, expanding investments to construct the Phase II project in Vietnam. Currently, the second phase project in Vietnam has been capped off, and production is expected to start next year. The company will also continue to monitor changes in trade policies, strengthen communication and coordination with global clients, and flexibly adjust strategies in response.