Mr. Dong, is your company currently in competition with Luxshare Precision? What are your advantages in terms of products over other competitors?

Rikeda: Dear investors, thank you for your attention. As one of the domestic listed companies in the connector industry, the company's main service areas are new energy vehicles, energy storage, communication base stations, robots, rail transit and medical fields. The company's competitive advantages are mainly reflected in: the company is a comprehensive solution provider that can provide optical, electrical, microwave, high-speed data and fluid connections at the same time, and its products are widely used in new energy vehicles and energy storage, communications, industrial rail transit and medical fields. The company has many years of historical experience in supporting the automotive field, has entered the supply system of many well-known vehicle manufacturers, obtained supplier qualifications, and has relevant patent layout and technology accumulation. In terms of underlying process technology, the company has a vertical manufacturing chain including molds, stamping, injection molding, machining, wires and cables, etc., and has a production and manufacturing capability that integrates flexibility and efficiency. The above advantages are conducive to the company's rapid response, cost control and quality assurance. In the in-depth cooperation and continuous communication with the leading vehicle manufacturers that have been supported, the company can proactively grasp the future technical routes, development trends, design concept changes, etc. of automobiles, so it can plan and layout future products in advance to ensure that it is ahead of technology research and development. Thank you!