Hello, Secretary Dong, could you please introduce the current production and sales of our flat wire motors and what is the current market position? Thank you

Huayu Automotive: Huayu Automotive Electric Systems Co., Ltd., a subsidiary of the company, mainly provides integrated solutions for "new energy vehicle drive systems" and the research and development and manufacturing of core motor and electronic control components. The company has the mass production capacity of eight-layer flat copper wire drive motors. In 2020, the company sold more than 100,000 sets of various drive motors and more than 30,000 sets of controllers. Thank you for your attention to the company.