How does the company view the current competitive landscape?

Desay SV's answer: The company's competitors mainly include leading overseas TIER1 companies in the industry. Facing the current competitive situation, the company has a complete product structure (covering three major product groups: smart cockpit, smart driving and connected services), deep technical reserves, high-quality customer structure, highly intelligent manufacturing system, industry-recognized quality control capabilities, supply chain management capabilities and information security capabilities, which have formed the company's comprehensive competitiveness in multiple dimensions.