Volkswagen invested in Xiaopeng's industrial chain. The motors supplied by Founder Motor cost 4,000 yuan, while the electric drive products supplied by Inovance Technology cost 15,000 yuan. The price difference is so large. What is the price range of the products your company provides to foreign countries? Is it about the same price as Founder Motor or at the same level as Inovance?

Jingjin Electric-UW: Hello, dear investors! The reason why the prices of electric products vary so much is determined by many factors such as function, purpose, technology, and performance. The price of a single motor system for a passenger car may be from about 1,000 yuan to 4,000 yuan. For example, the price of the motor of an A00-level car is generally around 1,000 yuan. The price of a two-in-one system is generally higher than that of a single motor, and the price of a three-in-one system is higher than that of a two-in-one. For the same two-in-one, a medium-sized system is larger than a small system, and so on. In addition, there is a big difference between commercial vehicle systems and passenger car systems. Jingjin Electric is a full-spectrum supplier of commercial vehicle and passenger car electric drive systems in the industry. The current mass-produced projects include single motor, two-in-one, three-in-one, and multi-in-one systems, with oil cooling, water cooling, and oil-water mixed cooling technology, and electromagnetic solutions have round conductor and square conductor (flat wire) systems. The company's products cover the price ranges you mentioned. Thank you for your attention to the company.