Hello, may I ask why your company's revenue increased by more than 40% in the first quarter of this year, but the net profit remained stagnant? In 2023, the company's revenue was almost the same as in 2022, and the net profit had dropped by 46%. In the first quarter of this year, the revenue increased greatly, but the net profit did not increase. What is the point of working so hard without increasing profits? What measures will your company take in the future to increase net profit? In the first quarter, sales and R&D increased by more than 8 million, and management expenses increased by more

Rikeda: Dear investors, thank you for your attention. The decrease in the company's net profit is mainly due to the increase in period expenses, the company's Sichuan base conversion, Suzhou Phase II, Taizhou Phase I and other construction investment increases; the year-on-year increase in domestic and foreign personnel salaries and other payments increased accordingly; the company hired professional institutions to conduct organizational change consulting fees, increased R&D investment, and major customers' price adjustments. The company's capacity layout and initial investment are indispensable to achieve long-term sustainable development. In the future, the company will increase the expansion of overseas markets and customers, the market application of high value-added product projects, and provide more comprehensive solutions for Daxin's strong and excellent customers. Thank you!