What is the company’s current inventory situation?

Changdian Technology: Dear investors, hello. As of the end of the third quarter of last year, the company's inventory was 4.19 billion yuan, which is basically consistent with the inventory amount of 4.16 billion yuan at the end of the third quarter of 2022. The company's inventory is mainly to meet the customers' peak season in the second half of the year. From the perspective of market demand, the mobile communication market will enter a period of intensive new product releases in the second half of the year. The company's revenue from the communication business increased year-on-year in the third quarter, which is consistent with the company's inventory growth trend. The company has always focused on strengthening inventory turnover, so that the company's inventory turnover rate remains at a healthy level. For the specific situation of the company's inventory in the fourth quarter of 2023 and the first quarter of 2024, please pay attention to the company's 2023 annual report and the first quarter report of 2024 to be disclosed in the future. Thank you for your attention and support.