Hello, how does the company plan for the new energy vehicle battery swap station industry? How is the current industry development? Thank you

Rikeda: Dear investors, thank you for your attention. At present, the company is not directly involved in the construction of new energy vehicle battery swap stations, but the company is indirectly involved in its supporting, mainly by providing battery swap connector products to battery swap station equipment manufacturers, covering passenger cars and commercial vehicles; in 2021, the company successfully developed commercial vehicle battery swap connectors based on passenger car battery swap connectors. The products have greater current carrying requirements, harsher operating environments, and longer service life. They once again took the lead in the track and formed the company's technical barriers. With the rapid growth of new energy vehicle stocks, the demand for the construction of power replenishment networks is becoming increasingly strong, and the demand for battery swap systems (battery swap stations, on-board battery swap modules, and spare battery packs) will grow rapidly. According to the China Electricity Council, the number of battery swap stations in China is expected to reach 10,000 by 2035. Thank you!