On April 1, Tibet Summit Resources Co., Ltd. released its investor relations activity record, responding to investor inquiries. Regarding the current supply-demand dynamics of lithium salts, Tibet Summit Resources stated: Looking ahead to 2025, it is necessary to closely monitor the phase-out of high-cost production capacity on the supply side. On the demand side, the trend toward intelligent electric vehicles is irreversible, the energy storage market holds great potential, and technological innovations such as solid-state batteries, AI, and embodied intelligence are expected to provide new growth drivers. In the long run, we remain optimistic about the supply-demand balance of lithium salts. As for the company's sales strategy for lithium carbonate, Tibet Summit Resources responded: The overall sales approach is to maintain full production and full sales, with immediate sales upon production. However, the company internally forecasts prices and may slow the sales pace when prices are low. Discounts are determined based on market supply-demand conditions, with reference to futures market trends and Shanghai Metals Market (SMM) price quotations.