• Summer demand impact: The early onset of summer has minimal seasonal effect on the company's business because it does not make room AC coils, catering instead to steady, year-round commercial applications such as VRV, ductables, heat pumps, railways, and defense.
• Capacity utilization guidance: Management targets a 15% to 20% capacity utilization rate for its new facility capex this year.
• UAE shipment disruptions: Product dispatches to the UAE, specifically to Jebel Ali port, are temporarily halted due to vessel unavailability linked to regional conflict, though manufacturing for these orders continues.
• Q4 inventory build-up: Because UAE clients have not stopped production orders, completed goods will sit in finished inventory at the end of the March quarter, delaying sales recognition until shipping vessels become available.