[Changxin Technology: The decrease in the scale of contract liabilities in the first half of the year was due to the centralized delivery of orders in the second quarter and the carry-over of revenue] On September 7, Changxin Technology held a 2026 semi-annual performance briefing. The company's executives responded to the quarter-on-quarter decrease in the scale of contract liabilities at the end of the reporting period. Because the customer orders corresponding to the contract liabilities in the first quarter were concentrated in the delivery and carry-over of revenue in the second quarter, the balance of contract liabilities in the first half of the year dropped significantly compared with the first quarter, which is a normal channel turnover rhythm in the storage industry.