Recently, Geely and Thundersoft jointly established a new automotive software technology company, Zhejiang Xingchuang Automotive Software Technology Co., Ltd. I would like to ask whether the cooperation mode of establishing a joint venture with the car manufacturer will have a greater impact on the company's business expansion and the targeting and application of technical products, especially software technology products with core IP.

ThunderSoft: Hello. As the world's leading provider of intelligent operating system products and technologies, ThunderSoft has a long history of cooperation with Geely Auto. Previously, the two parties have carried out R&D cooperation in multiple technical fields such as HMI, intelligent driving, and intelligent cockpit. The establishment of the joint venture will integrate the technical and resource advantages of both parties in their respective fields, and give full play to the company's technical advantages and core IP in the intelligent automobile operating system platform, provide professional and leading technologies, services, and products for automobile manufacturers, promote breakthroughs and innovations in key technologies in the field of intelligent automobiles, and accelerate the intelligentization process of automobiles. Thank you for your attention!