Hello, Secretary. According to the official website of the subsidiary Yanfeng, in October 2022, it established a generator joint venture with ARC Automotive in North Macedonia to accelerate its globalization process in Europe. May I ask: What is the company's production capacity and expected production date? Is the airbag gas generator a traditional component product, or an incremental market with structural upgrade opportunities in the context of the development of new energy vehicles? What value can the company and ARC bring to the joint venture?

HUAYU AUTOMOBILE: A joint venture established in North Macedonia by a subsidiary of the company's wholly-owned subsidiary Yanfeng Automotive Trim Systems Co., Ltd. and ARC Automotive of the United States mainly produces automotive airbag gas generator products, which are important components of automotive airbags. The company plans to start production in mid-2023. Both fuel vehicles and new energy vehicles have a demand for automotive airbags. Thank you for your attention to the company.