I heard that your company's sodium-ion battery will be industrialized next year. How much can the cost of sodium-ion batteries be reduced compared to lithium iron phosphate? Will there be new energy vehicles equipped with your company's sodium-ion batteries in the market next year? Thank you

CATL: Dear investors, the company is committed to promoting the industrialization of sodium-ion batteries by 2023. The cost of sodium-ion batteries shall be subject to subsequent actual conditions. Thank you for your attention.