[SMM's Estimated Operating Rate of Copper Wire and Cable in May] SMM estimates that the operating rate of copper wire and cable enterprises will increase by 3.35 percentage points MoM to 84.66% in May, 16.76 percentage points higher than the same period last year. Among them, the operating rate of large enterprises is 91.53%, that of medium-sized enterprises is 60.32%, and that of small enterprises is 45.71%. It is worth noting that the estimated operating rate of small enterprises in May is expected to decline rather than increase MoM, deviating from the performance of medium and large enterprises.