Hello, Secretary Dong. The company has already received thermal management orders for battery energy storage in November 2021. Why haven't there been any new orders in more than two years? Is the promotion of this business hindered?

Zhongding Co., Ltd.: Hello, the company has been promoting the research and development and production of thermal management pipeline products for many years. Its subsidiary, Germany TFH, is an excellent supplier of thermal management pipeline assembly products for engines and new energy vehicle batteries. It has its own patented exclusive production technology, the creatube process, and the core technology of TPV hoses and nylon tubes. The company vigorously promotes the thermal management pipeline system assembly business for new energy vehicles, and has currently provided supporting services to new energy vehicle platforms such as BMW, Volvo, Audi, Volkswagen, Geely, Xiaopeng and Ideal. The company's subsidiaries Zhongding Fluid and Zhongding Intelligent Thermal System lead the development of the thermal management system assembly business, actively deploy the research and development and production of thermal management system assemblies and core components, and have independent intellectual property rights. At present, it has launched a series of energy storage liquid cooling units, supercomputing center immersion liquid cooling units, thermal management controllers, temperature and pressure integrated sensors, refrigerant flow plates and other products. The company is also actively promoting the implementation of more new energy vehicle thermal management products. In 2023, the company's thermal management system business received a total of approximately 12 billion yuan in orders. Thank you for your attention, thank you!