The company's performance has declined. Have you thought about looking for new customers and partners? Can you consider cooperating with Xiaomi? If you cooperate with Xiaomi, will there be any geographical transportation difficulties?

1
Wencan Holdings: Dear investors, the company has established a solid cooperative relationship with well-known domestic and foreign automobile manufacturers and first-tier parts suppliers, such as Volkswagen, Mercedes-Benz, BMW, Audi, Renault and other internationally renowned automobile manufacturers, Tesla, Weilai, Ideal Auto, Xiaopeng Motors, GAC New Energy and other new energy automobile manufacturers, Seres, BYD, Geely, Great Wall Motors and other well-known domestic automobile manufacturers, as well as ZF, Bosch, Continental, Magna, VALEO, Benteler and other world-renowned first-tier automobile parts suppliers. The company has 20 production bases in Foshan, Nantong, Wuxi, Tianjin, Chongqing, Lu'an, Dalian, Wuhan, Mexico, Hungary, Serbia, France and other places, which are close to major automobile manufacturers and have advantages in logistics, which is conducive to the company's reduction of transportation costs. In the future, the company will invest in the construction of casting production lines with different processes in each base according to the manufacturing needs of various automobile manufacturers, and further expand the domestic and international markets. Thank you for your attention!