On April 27th, HIT stated in a conference call that in the first quarter of 2025, the gross margin and net profit declined due to the impact of overseas markets. The main reason was the decrease in market size for North American educational interactive flat panel products, and significant orders in Europe had not yet begun delivery in the first quarter, with deliveries gradually starting in the second quarter. In the U.S. market, based on the high market share and recognition of the company's global commercial brand Newline, the company continues to focus on the research and development of new products and technologies, including two categories of hardware products: LED and commercial displays, as well as the application of new AI technologies and commercial software for information release. In the first quarter of 2025, the LED and commercial display business achieved significant revenue breakthroughs, and the company successfully completed high-value sales of its first application software in the U.S. market. It is expected that by the end of the year, the revenue proportion from new products and new businesses will further increase