Is the company's Yueyang factory going to be a benchmark demonstration factory for production line automation? Is the progress going smoothly? Is it possible to complete it ahead of schedule? Jiangsu Weiteli has made some achievements in the sales of heavy-duty truck motors. Is it a shareholder of Huicheng under Huichuan?

Inovance Technology: Hello! The construction of the Yueyang plant is currently progressing in an orderly manner according to schedule. The company will introduce automation and digital solutions in the plant. The completion time is expected to be October 2024. Jiangsu Huicheng Motor is a joint venture established by Inovance and Jiangsu Weiteli in 2012. It became a wholly-owned subsidiary of Inovance by acquiring minority shareholders' equity in 2018. At present, the subsidiary has been cancelled. Thank you for your attention to the company's heavy truck business!