Over the past few months, we have seen the price of tungsten powder decline slightly. However, the prices of alloy products and the overall market trend have not fluctuated much as a result. Facing this market change, our company’s current strategy is to actively communicate with suppliers to secure stock and try our best to control production costs without compromising product quality. Some manufacturers in the industry have started large-scale price cuts, yet their product stability varies greatly. We still firmly adhere to the principle of quality first at all times.