PANASIALUM (02078) announced that since the group provided quotations to customers in mid-July 2025, as of the date of this announcement, the group has not negotiated or reached any new orders with its largest customer for solar frame products. The group's past practice has been to negotiate and reach orders with customers after providing quotations, upon customers' requests from time to time. This customer accounted for approximately 66.2% and 65.3% of the group's revenue for the year ended December 31, 2024, and the six months ended June 30, 2025, respectively. The group is contacting this customer to ascertain more information regarding their intentions. The company expects this development may have a material impact on the group's revenue and profit for the second half of 2025, with the specific impact depending on a series of factors including but not limited to subsequent developments of this situation, communications between the group and the customer, industry landscape, and external geopolitical factors, which require comprehensive assessment by the company. The group will take appropriate measures and actions to minimize the impact of this development and its further developments, if any. The group will seek to broaden its customer base through geographic diversification and winning more business from existing customers, among other means. The group will also implement appropriate cost-saving measures to streamline its cost structure.