I saw that Guangde Asia Pacific issued an announcement to take over the casting business. I would like to ask whether the company has excess casting capacity. As Ateng Casting has been losing money for years, why not close Ateng Casting and concentrate the production capacity in Guangde Casting?

Asia Pacific Shares: Hello, Guangde Asia Pacific and Ateng Casting have different product structures. The company has made structural adjustments to its production capacity in recent years for long-term strategic development considerations, resulting in Ateng's performance losses. The company's management will do a good job in business management, improve profitability and market competitiveness, and strive to improve the company's benefits. Thank you!