The private placement has been approved. What is the reason for the delay in the private placement? Are there any major changes in the company's fundamentals? How are the three projects in Anhui, Chongqing and Foshan progressing?

Wencan Holdings: Dear investors, please pay attention to the company's announcement regarding the company's issuance of shares to specific objects. The company is currently operating normally, and the construction of new production bases in Anhui, Chongqing and Foshan is progressing in an orderly manner. Thank you for your attention!