May I ask if the lithium iron phosphate project of the company's Shehong plant has officially started production? In addition, when will the equity acquisition of Hengxinrong Lithium Industry be completed? Finally, how is the progress of your company's additional issuance? Are there any capable institutions or large companies involved? Thank you

Fulin Precision: Hello, the company has completed the equity delivery and related industrial and commercial change registration for the transfer of 9% equity of Hengxinrong. For details, please refer to the "Announcement on the Progress of the Acquisition of Part of the Equity of Qinghai Hengxinrong Lithium Technology Co., Ltd. and Completion of Industrial and Commercial Change Registration" disclosed by the company on December 1, 2021 (Announcement No.: 2021-132).