Hello, Secretary Dong, the company's profit indicators have continued to decline sharply. What problems have occurred in production and operation?

Thundersoft: Hello. The profit in the first three quarters of 2024 decreased year-on-year due to the company's increased R&D investment in vehicle operating systems, industrial robots, and end-side intelligence. However, in the third quarter of 2024, the company's operating results improved significantly compared with the second quarter. In the third quarter, the company achieved operating income of 1.294 billion yuan, a month-on-month increase of 5.8%, and a gross profit margin of 35.82% in the third quarter, an increase of about 2 percentage points from the previous quarter. Net profit attributable to shareholders of listed companies was 47.5983 million yuan, a month-on-month increase of 249.72%. Following the trend of recovery in the third quarter, the company will continue to vigorously expand the global market, firmly invest in cutting-edge technologies and innovative applications, and improve operating efficiency. Thank you for your attention!