Could you please introduce the lightweight business situation, customer situation and future development trends?

Zhongding Holdings' answer: The company's lightweight business capacity is currently distributed domestically, and its products are mainly forged aluminum control arms and ball heads, with a single vehicle value of around RMB 1,500-1,800. In the field of lightweighting, the company's ball head products have a major technical advantage. Control arms and swing arms are forged parts with high safety requirements. Ball head products must maintain both dynamism and strength. The company's products have advantages in quality and technology. With the continuous advancement of the company's chassis lightweight system assembly product business, it has obtained orders from many traditional OEMs such as Mercedes-Benz, Changan, GAC, and BYD. At the same time, it has made breakthrough progress in the business of leading new energy companies and obtained relevant orders.