[Primary Lead Smelter Inventory Information] Military parades and other activities concluded this week, with logistics vehicle restrictions lifted in North and Central China. Primary lead smelters resumed regular shipments, leading to gradual destocking of lead ingots. Meanwhile, maintenance at both primary and secondary lead smelters progressed as scheduled, tightening lead ingot supply, which also contributed to the decline in producers' warehouse inventories. Additionally, next week marks the final week before the SHFE lead 2509 contract delivery date, potentially prompting suppliers to transfer stocks to delivery warehouses. Smelter finished product inventories are expected to decline further during this period.