Hello! Why has your company reported losses in the first quarter of the past two years?

Neusoft Group: Hello, the company's business performance in the first quarter of this year was good, with operating income increasing by 25.55% year-on-year on the same basis. Due to the strong cyclicality of the software industry in which the company is located, listed companies in the industry usually have only small profits or losses to varying degrees in the first quarter. In the first quarter of 2022, even though it was affected by the epidemic, shortage of automotive-grade chips, and new equity incentive costs, the company's net profit still achieved a year-on-year growth of 18.31%. In addition, since the company has deployed a number of innovative business companies in the fields of big health and big automobiles in recent years, and these innovative business companies are still making continuous strategic investments, although the operating conditions have continued to improve in recent years, it will still have a certain negative impact on the company's net profit. I believe that as the value of these innovative companies themselves continues to increase and the synergy of various business segments continues to strengthen, it will become an important driving force for the continued improvement of the company's value in the future.