I saw in the news that the company invested 1.6 billion in a storage project in Shaanxi. Why didn’t the company issue an announcement on such a big thing?

Inovance: Hello! The company's investment in the R&D center and energy storage and power system manufacturing base in Xi'an is RMB 600 million and RMB 1 billion respectively. According to relevant regulatory rules and the company's current scale, this matter falls within the authority of the company's management meeting and does not meet the standards for board review and temporary external disclosure. Thank you for your attention!