It has been nearly three months since the company announced its private placement, but there has been no announcement of any progress. Please answer investors' questions about the progress of the private placement.

Tianyue Xianjin: Dear investors, hello! The company will strictly disclose information in accordance with laws, regulations and regulatory requirements for the project of issuing stocks to specific objects through simplified procedures. If there is any progress, it will promptly fulfill the disclosure obligations in accordance with the provisions of relevant laws, regulations and normative documents. Thank you for your attention!