Hello, Secretary Dong. Recently, the testing technology of the sodium battery energy storage system of China Southern Power Grid is about to be industrialized. How is the technical and production capacity of the company's sodium battery? Thank you.

CATL: Dear investors, sodium batteries have the advantages of low cost and good low-temperature performance. They can be used in various transportation electrification scenarios and can flexibly adapt to the application needs of all scenarios in the field of energy storage. The company has released the first generation of sodium-ion batteries and is developing the second generation of sodium-ion batteries, which are expected to have better performance in terms of cost, life and low-temperature performance. Thank you for your attention.