Hello, Secretary Dong! The company has been increasing its R&D investment, especially in the new energy vehicle business. The domestic market share of the three electrics, including electronic control, has become the third in China after BYD and Tesla, and the first in third-party supply. With the explosion of market demand, can we meet the production increase needs of new and old forces including Ideal, Chery, and Celis in a timely manner?

Inovance: The company will plan production capacity in advance based on orders from vehicle customers and future expectations. Currently, the first phase of the United Power Changzhou plant has also been put into production, which will better serve new energy vehicle customers such as Ideal and Chery.