Hello, Secretary. The company has many industry-leading automotive component technologies and a large overseas market share. China is the largest market for new energy vehicles. Does the company have plans to accelerate the localization of the system? And how is the progress of the localization of the AMK air suspension system? Has it started mass production? What is the annual output? For example, what is the price of a single new energy vehicle?

Zhongding Shares: Thank you for your attention. The company is actively deploying in the field of new energy vehicles, with intelligent chassis systems as the core. At the same time, it is at the international leading level in multiple new energy sectors such as thermal management pipelines, battery pack motor sealing, etc. From January to June 2020, the business in the new energy field has reached 421 million sales. The company has been actively promoting the localization process. AMK China's business has made breakthrough progress. It has currently obtained designated business from NIO and Dongfeng (please pay attention to relevant announcements for details). The relevant orders are expected to start supplying in the second half of 2021, and it is expected to get more new energy vehicle projects in the future. The company's various business sectors are all equipped with new energy vehicles, and the total value of a single vehicle can reach more than 10,000 yuan.