Hello, company leaders, what is the status of the company's air suspension products in China? Recently, the company mentioned in the E-interaction that it has designated a new energy vehicle air suspension project. What is the situation?

Baolong Technology: Hello investors, thank you for your attention to Baolong Technology! The company recently designated an air suspension project for new energy vehicles, which is a platform project of a leading domestic new energy vehicle company. Baolong Technology provides customers with 4 air springs for each vehicle. The project is expected to be mass-produced in November 2022. After full production, annual sales are expected to exceed 250 million yuan. The company began to develop commercial vehicle air springs in 2012. Its current products include commercial vehicle air springs, passenger car air springs, electronically controlled shock absorbers, gas tanks, etc., covering the after-sales AM market and OEM market. The batch production customers include ZF, Changchun Fuwei Andato, Beijing Guanghua Rongchang, Shanghai Coman, China Highway Vehicle Machinery Co., Ltd., Guangzhou Huajin and Safe Holland, etc. Baolong Technology is one of the main domestic air spring OEM suppliers in the domestic market.