Hello, Secretary Dong. NavInfo is the data service provider and technical supporter of Huawei Petal Maps. Now Huawei Petal Maps has become more and more mature, and the launched PetalMaps 4.0 version supports global map use. Comparing the merger of JD.com and Tencent's e-commerce business, it was JD.com's strong competitiveness that made Tencent e-commerce feel that it could not beat JD.com, so Pony Ma asked Rechard Liu to merge. NavInfo now has more points of competition with Huawei, including maps, smart driving, smart cockpits, etc. Excuse me, does NavInfo have strong technical and commerci

NavInfo: Hello, in the face of fierce competition recently, the company has firmly focused on the main track of automotive intelligence and the strategic positioning of the new tier 1, and continued to increase investment in research and development and business promotion related to autonomous driving and chips. In the future, the company will continue to work hard to give play to business synergies, promote business transformation and upgrading, and improve its advantages and market share in the field of smart car business. At the same time, we will spend within our means on the investment side and strive to achieve performance improvement by focusing on core products and services with clear profit models, providing customers with tier 1 products with the ultimate cost-effectiveness, improving supply chain management efficiency, and accelerating the iteration and upgrading of the talent team. Thank you for your attention.