According to the third quarter report, the company's lithium battery cathode material production has accounted for more than 61% of the company's total profit, and it is still increasing its investment in this field. The production of new energy vehicle parts and other products accounts for less than 40%. Therefore, in order for investors to more conveniently and quickly understand what industry the company belongs to, it is recommended that the company's stock name be changed to Lithium Material Precision or Lithium Industry Precision.

Fulin Precision: Hello, thank you for your suggestion. The company has fully considered the actual situation of the current business development you mentioned. In order to make the company name better reflect the company's strategic positioning and future development direction, reflect the actual situation of the company's cross-regional development, and improve the company's brand recognition and corporate image, the company's board of directors has decided to change the company's name from "Mianyang Fulin Precision Co., Ltd." to "Fulin Precision Co., Ltd." At the same time, the company plans to adjust its business scope and add "lithium iron phosphate, lithium iron manganese phosphate and new battery positive electrode materials used in the field of new energy vehicle power batteries and energy storage batteries". This matter still needs to be submitted to the shareholders' meeting for deliberation. The company will fulfill its information disclosure obligations in a timely manner according to the progress of the matter. Thank you for your attention!