The company's annual report provides a detailed disclosure of its main business segments, including the production and sales of polyurethane foam stabilizers (silicone surfactants) and organic amine catalysts. The company continues to increase investment in the research and development of high-end products, continuously optimizes its customer structure, and enhances service levels. Against the backdrop of gradually improving demand in key downstream markets such as home appliances, automobiles, and insulation materials, the company has demonstrated strong performance resilience and sustainable development capabilities through order structure optimization and product upgrades. The company plans to further expand its market share in the field of high-performance surfactants and develop more customized products to meet the needs of specific application scenarios.