The localization rate of the core software of ① large aircraft matching design is only 5%. The performance of some of the scarce leading products has successfully surpassed that of foreign competitors, reaping the support of the military industry fund, and plans to cooperate with Huawei, Ali and other computing resources to expand the civilian market; the valuation depression of the ② cosmetics sector, the company's newly acquired luxury brand income growth rate of 50-100%, net profit margin of nearly 20%.