May I ask which manufacturers your company provides and cooperates with for brake-by-wire products?

Asia Pacific Shares: Hello, the company currently has two types of brake-by-wire system products, TWOBOX-type IBS (electronic power-assisted braking system) + ESC (electronic stability control system) and ONEBOX-type IEHB (integrated electro-hydraulic brake-by-wire system). In 2020, the ADAS system provided by the company to Chery New Energy includes IBS+ESC, and customers such as Dongfeng, FAW, Golden Dragon, and Great Wall have also achieved small-scale supply of IBS. The company is one of the earliest companies in China to develop a brake-by-wire system in the form of ONEBOX. In 2017, the company's IEHB generation system was tested on the prototype of BAIC New Energy. In the past two years, the company's IEHB second-generation mass-produced product samples have been trial-produced and are being integrated and tested on Changan's prototype. The company will also actively promote brake-by-wire products to other major vehicle manufacturers and will try its best to win more projects. Thank you!