To address the challenges posed by the high investment, long development cycle, low gross profit, and inventory pressure in the early stages of product development, we are actively implementing several solutions.

Firstly, we will strengthen supply chain management and optimize procurement plans and production schedules to ensure inventory control within a reasonable range. Through precise forecasting and demand management, we will increase inventory turnover and reduce the risk of inventory backlog.

Secondly, we will focus on optimizing production costs and efficiency. By introducing automated production equipment, process improvements, and optimizing human resources management, we will strive to reduce production costs and improve production efficiency, thereby improving gross profit levels.

Additionally, we will continuously enhance our marketing and sales strategies. By deeply understanding customer needs and accurately aligning product positioning and market positioning, we will seek more competitive pricing strategies and sales channels to increase sales revenue and market share.

Lastly, we will continue to increase investment in research and development to accelerate the development of new products. By introducing innovative technologies and continuously launching new products that meet market demand, we will enhance the company's competitiveness and profit levels.

Although we are currently unable to provide credit support, we will continue to work towards improving the company's business conditions and exploring more solutions to address the current challenges. We firmly believe that through the collective efforts and teamwork of all employees, we can overcome difficulties and achieve long-term development and sustainable success for the company.

About Slkor

With an elite team from prestigious Chinese Tsinghua University and Korean Seoul Yonsei University, Shenzhen Slkor Micro Semicon Co., Ltd. is dedicated to the third generation semiconductor SiC power devices and conventional semiconductor devices. We are strong on the relevant methodologies, new materials, new technologies and new products. Our products cover discrete devices and ICs,  diodes, transistors, power devices, power management chips, and analogue chips etc. Under the strong leadership of Mr. Song Shiqiang, the CEO of Slkor, starts from an IP design house, Slkor is now a national high-tech enterprise covering the R&D, production and sales service of semiconductor devices. Slkor provides quality domestic equivalents of semiconductor from major international players. For prompt services, Slkor has two flagship stores in the world famous hardware valley Shenzhen Huaqiangbei.