When will the wheel hub motor standard for passenger cars, which the company has participated in formulating, be released? Will commercial mass production only start after the wheel hub motor standard is released?

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Asia Pacific Shares: Hello, the first domestic hub motor industry standard led by Hangzhou Asia Pacific Elaphe Power Technology Co., Ltd., a subsidiary of the company, is currently being publicized. The company's hub motors are currently in small-scale production, and have cooperated with many vehicle manufacturers to develop hub motor projects in the early stage. There are also mass production projects in the test matching, but the key to the project progress lies in the vehicle manufacturer's advancement speed and mass production plan. Thank you!