Dear Secretary, please answer 4 questions: ① The gross profit margin of cathode materials in the interim report is 3%. Is it that only part of the 15,000-ton production capacity has been released, or is there something hidden? ② The 50,000-ton lithium iron phosphate cathode in Shehong was said to have been debugged in early August. Is it now in full production? ③ How much is the first phase of the 250,000-ton expansion of 150,000 yuan? When will it start construction and be put into use? ④ The company's cooperation with Huawei is currently mainly in the field of intelligent electric drive and

Fulin Precision: Hello, the company's performance in the first half of 2021 has been stable and increased compared with the same period last year. The gradual release of lithium battery positive electrode material production capacity is one of the main reasons for the growth. The 50,000-ton lithium iron phosphate positive electrode material project at the Shehong base in Sichuan has completed equipment installation and has begun trial production step by step. Jiangxi Shenghua plans to invest in the construction of a 250,000-ton lithium iron phosphate positive electrode material project with an annual output of 60,000 tons of lithium iron phosphate positive electrode material project. The construction is scheduled to start in September 2021 and the project will be put into production before October 2022. The second on-board electric drive reducer production line under construction in the company's Phase II plant has an annual production capacity of 180,000 units/sets and is currently under construction and commissioning. Thank you for your attention!