[Yingjie Electric: Photovoltaic business orders will achieve substantial growth in 2026, and related revenue will be gradually recognized in subsequent cycles] On October 28, Yingjie Electric stated on the interactive platform on the 28th that the company’s revenue is composed of sales revenue from power supply products in multiple fields. Among them, sales revenue in the semiconductor field matches the substantial growth in orders, and achieved significant year-on-year growth in the first three quarters. Comparing the revenue structure in the third quarter of 2025 and the third quarter of 2026: In the third quarter of 2025, a large amount of domestic photovoltaic business revenue was confirmed; while in the third quarter of 2026, the scale of domestic photovoltaic sector revenue recognition was relatively limited. The individual contract value of photovoltaic projects is usually relatively high. Although the revenue of the semiconductor business maintains high growth, the increase is not enough to make up for the gap caused by the recognition of domestic photovoltaic revenue in this quarter. This is the main reason for the year-on-year decline in third-quarter performance. At this stage, the domestic photovoltaic industry is still in a downward adjustment cycle, resulting in strong quarterly volatility in the revenue recognition of the domestic photovoltaic sector. At the same time, the company's photovoltaic business orders have achieved substantial growth in 2026, and most of the orders correspond to customers' overseas projects. The company is currently organizing production and delivery in an orderly manner, and related revenue will be gradually recognized in subsequent cycles. The photovoltaic industry is still expected to support the company's subsequent performance.