For the six months ended 30 June 2025, revenue was RMB162.5 million, compared to RMB181.6 million for the six months ended 30 June 2024, representing a decrease of approximately 10.5%. The decrease was mainly attributable to lower sales of own-branded products. Selling expenses decreased by approximately RMB2.9 million, primarily as a result of reduced marketing and promotion expenses during the period. Administrative expenses decreased by approximately RMB2.1 million, mainly due to a reduction in travelling expenses. The Group's cost of sales primarily consisted of direct materials costs, production costs, and direct labour costs. Principal risks identified include dependence on a few major OEM customers for a substantial amount of revenue, reliance on third-party distributors for sales of own-branded products, potential negative impact if distributors do not comply with distribution policies or do not perform as expected, absence of long-term contracts or contracts with minimum purchase requirements with customers, and exposure to unfavourable fluctuations in the price, availability, and quality of raw materials, which could lead to production delays and increased cost of sales.