How is the company's new brake product being designated for mass production? Are there any new designated mass productions recently? What are the company's main automotive electronic products? What are the main products supporting new energy vehicles?

Asia Pacific Shares: Hello, 1. The company's automotive electronic control system products include automotive anti-lock braking system ABS, automotive electronic handling stability system ESC, energy feedback hydraulic braking anti-lock braking system EABS, electronic parking brake system EPB, electronic power-assisted braking system iBooster, integrated wire-controlled hydraulic braking system IEHB, etc. The proportion of the company's automotive electronic products in revenue has gradually increased in recent years. The company is actively striving for more automotive electronic product projects, and it is expected that the proportion of automotive electronic products in revenue will continue to rise in the future. 2. The chassis of new energy vehicles and traditional fuel vehicles are basically the same, and the braking system is still the same. At present, many of the company's host customers are developing and producing new energy vehicles. The company can provide customers with basic braking systems, wire control braking systems, intelligent driving systems, hub motor systems and other related products. The company's sales of new energy vehicle-related products in 2021 will be 580 million yuan. The company will actively seize the opportunities for the development of new energy vehicles and strive to win more customers and projects. Thank you for your attention!