J.S. Corrugating Machinery recently stated during institutional research that in 2024, we have seen some good breakthroughs in the scientific research and industrialization of the titanium industry. Titanium dioxide has now reached a consensus within the industry and has become the mainstream method for the future. Titanium dioxide has passed the experimental and pilot production stages, entering the mass production stage. In the future, we still need to focus on the progress of gigawatt-level titanium dioxide production lines, as this is an important indicator of industrialization in the industry, requiring strong cooperation throughout the industrial chain. Currently, we can see that this year, leading downstream companies and even cross-border large enterprises are continuously investing in production capacity for titanium dioxide and expanding the scale. In the future, how to balance the high efficiency, large size, and high stability of titanium dioxide components in the industrial development process is a matter of great concern for both us and the downstream.