INNUOVO stated during an institutional research that the company's production is mainly scheduled according to customer orders, with raw material inventory generally maintained at around two months, and procurement and inventory strategies are cautiously adjusted based on the trend of raw material prices. Since the implementation of export control policies, the company has actively taken measures in accordance with relevant requirements to apply for export licenses for permanent magnet products subject to export controls, and currently, a small number of orders have been gradually approved for export licenses