Muyuan Shares: In the long term, the company hopes to reduce its asset-liability ratio to below 50%.

Muyuan's company stated at the third quarter report communication meeting that regarding the debt reduction plan for the fourth quarter and next year, the company has not set specific targets. In the current market situation, the company will adopt a more cautious operating strategy, prioritizing the assurance of sufficient and secure cash flow. However, in the long term, the company will continue to advance the work of debt reduction, hoping to reduce the asset-liability ratio to below 50%. The specific implementation progress will be determined based on the annual operating conditions.