Geely's electric car Zeekr 001 has received good orders recently. Our company is also a supplier of Geely. Why did they choose Nidec's motor instead of Jingjin Electric? Is our company's motor performance not as good as Nidec's?

Jingjin Electric-UW: Hello, dear investors. First of all, Jingjin supplies the drive products for many models of Geely, including a number of pure electric and plug-in hybrid models. When it comes to the supplier designation for a specific model, the vehicle manufacturer will have comprehensive considerations, among which performance is only one factor, so it is difficult to say with certainty that performance has affected the vehicle manufacturer's decision. The company still has strong confidence in the excellent performance of Jingjin Electric's products. Regarding the performance of Jingjin's products, we have a relatively detailed comparison and disclosure in the prospectus. Jingjin Electric's products are excellent in performance not only in the domestic market, but also in the international market. The first mass production project in the history of Jingjin Electric was an export project, and in recent years the company has also won bids for new projects in the international market, which also proves this fact. Thank you for your attention and support to Jingjin Electric, thank you!