Hello, Secretary Dong, 1. How is the sales volume of lithium manganese iron phosphate products? 2. Have the provisions for inventory impairment been fully made? Will it affect the performance in 2024? 3. How is the progress of the new energy vehicle parts business?

Fulin Precision: Hello, the company has increased its investment in the research and development of new energy vehicle parts, production capacity layout, and deepened its cooperation with new energy and new power car companies. The thermal management system and new energy electric drive system business of the company's intelligent electric control industry have been scaled up. When the company makes impairment provisions, it fully considers the impact of the continued decline in lithium prices in the future. The company will accelerate the diversification of customers in the lithium battery positive electrode material business, accelerate the work of reducing costs and increasing efficiency, continue to increase investment in new product innovation and research and development, and continue to improve the operating performance of the lithium battery positive electrode material business. Thank you for your attention!