According to the company's annual report last year, the capacity utilization rate of the Shanghai factory was more than 30%, while that of Heze was 70%. The Shanghai factory has been suffering from undercapacity and serious losses for many years. Why is it expanding production in Heze? The Zhengding factory currently has no capacity and is also suffering from large losses. Does the company have sufficient projects to support such a large-scale capacity layout? What are the company's management's considerations? What measures does the company have for long-term capacity waste?

Jingjin Electric-UW: Dear investors! The Shanghai factory was greatly affected by the lockdown last year, and the company transferred some orders to the Heze factory. The Shanghai factory is mainly responsible for the production of the company's passenger cars and some small products. Heze is mainly responsible for commercial vehicles, and also has some passenger car production capacity. Last year, due to the company's flexibility, it effectively avoided the loss of orders, especially avoiding the suspension of production for customers.