[Baicheng shares: The company's modular business segment has not yet achieved profitability] On November 9th, Baichan shares stated at the third quarter 2026 performance briefing that the modular business is the company's strategic focus to cultivate the business direction. The company has increased its efforts to promote the application of modular construction solutions in downstream industrial fields such as biopharmaceuticals, food and drugs, microelectronics, data centers, and lithium batteries, and continues to accumulate project performance and implementation experience. The company's modular business segment orders have continued to expand this year, and market recognition has continued to increase. However, because production capacity has not yet been released, and depreciation of plant and equipment, labor costs, technology research and development and market cultivation investments continue to occur, it has not yet achieved profitability.