[SMM Copper Semis Enterprise Flash News] The company's "80,000 mt precision copper pipe production project in Thailand" is progressing smoothly; the electromagnetic flat wire project for NEVs and the copper pipe & tube fitting project in Vietnam have commenced mass production. In 2024, the company's overseas primary business income reached 12.161 billion yuan, up 26.75% YoY, accounting for 10.76% of the company's primary business income. The overseas sales of the company's copper semis products, including copper pipes, electromagnetic wires, and copper strips, amounted to 169,900 mt, up 20.58% YoY. The steady growth of overseas business is conducive to accelerating the company's product and customer upgrades on a global scale.