CATL's overall gross profit margins in Q1, Q2, and Q3 were 14.48%, 21.85%, and 19.27%, respectively; and overall net profit margins were 4.06%, 11.97%, and 10.23%, respectively. Q3's overall gross profit margin and net profit margin fell by 2.58% and 1.74%, respectively. According to the pattern of delivery volume in the past three years, in the fourth quarter of 2022, CATL's delivery volume in a single quarter must reach the sum of the first three quarters to avoid a further decline in gross profit margin. This is impossible. May I ask why your company announced that the gross profit margin i

CATL: Dear investors, the company's comprehensive gross profit margin in the third quarter was 19.3%, an increase from 18.7% in the first half of the year. The gross profit margins of power batteries and energy storage gradually improved in the third quarter. Because the second quarter included the impact of some previous price retrospective adjustments, the gross profit margins in the second quarter are not directly comparable with those in the third quarter. Thank you for your attention.