After acquiring French Bailian, did your company encounter any problems in the management of overseas companies? Is your company's outdated management level no longer competent for overseas business?

Wencan Holdings: Dear investors, Bailian Group, as a former listed company in France, has become a leading enterprise in the field of aluminum brake calipers after years of development, with relatively mature business development and company management. Bailian Group has established a relatively complete governance structure and a detailed management authorization mechanism. After the merger and acquisition, through further optimization and adjustment, the company can make analysis and decisions on Bailian Group's business and issues that require decision-making in the first place. Thank you for your attention!