Hello, Secretary Dong! The company's overseas factory period expenses increased significantly in 2023. Will the period expenses of management and sales expenses of overseas factories in 2024 be significantly reduced compared with 2023?

Riccoda: Dear investors, thank you for your attention. In 2023, the company carried out overseas layout according to the internationalization strategy that has been formulated, and established two overseas factories in the United States and Mexico. At present, the two overseas factories have entered the trial production stage; in the future, the company will rely on the internationalization strategy and establish other overseas factories in accordance with the principle of developing international markets and serving customers nearby. Please pay attention to the announcement released by the company for details. Thank you!