I would like to ask about the company's recent fixed increase project. If the fixed increase funds are in place, how long will it take to be completed and put into production? Before the fixed increase is completed, will the company organize funds to start construction first, or wait until the fixed increase funds are in place before starting construction? Thank you

Huayang Group: Hello! The construction period of the non-public offering of the company's investment projects is 3 years. At present, the company has invested its own funds in the construction according to the project plan. Thank you!