Your company has previously stated that it will expand into the field of intelligent electronic control and incremental components for new energy vehicles. What is the current progress?

Fulin Precision: Hello, the construction pattern and production line scale of the second phase of the company's automotive parts business plant and supporting facilities are becoming increasingly mature. In the field of incremental parts for new energy vehicles, the annual production capacity of the on-board electric drive reducer production line has reached 530,000 units. At the same time, it has signed an electric drive three-in-one powertrain manufacturing agreement with a well-known head customer. The powertrain line has an annual production capacity of 280,000 units, and the differential has an annual production capacity of 930,000 sets, which have all been formed. At the same time, it has formed an annual production capacity of 7 million gearbox solenoid valves, 3.2 million GDI pump shells, 400,000 sets of reducer gear shafts, and 180,000 sets of reducer shells. The holding subsidiary Xinzhi Thermal Control has also accelerated the integration and platform construction of new energy vehicle intelligent thermal management modules and parts. The intelligent electronic control production lines such as electronic water pumps and integrated modules have been newly added and expanded through technical transformation. It has formed an annual production capacity of 600,000 electronic main water pumps and 300,000 electronic oil pumps. The relevant projects have been put into mass production. Thank you for your attention!