What progress has the company made in the field of intelligent driving and connected vehicles? Has the introduction of many plans for the 14th Five-Year Plan provided any positive guidance?

Qianfang Technology: Hello, thank you for your attention. As a leading enterprise in the smart transportation industry, the company has been deeply engaged in the field of Internet of Vehicles since 2016, and has made comprehensive and in-depth layouts in the field of Internet of Vehicles from industry standards to implementation, from a full range of hardware products to cloud control platforms, from road-side to vehicle-side. In terms of standard guidance and implementation, the company assisted in the preparation of the first set of autonomous driving test and evaluation standards in the country, participated in the formulation of 8 group standards related to autonomous driving Internet of Vehicles, released the first national autonomous driving road test technology report, built the first national autonomous driving road test platform, and took the lead in building the first national T5-level (corresponding to the L5-level autonomous driving on the vehicle side) automatic hypothetical closed test field. On the product side, the company has built a "cloud-edge-end" full-stack architecture of the Internet of Vehicles system and product series. The road side includes a full range of sensing devices, edge intelligent computing units, road side units and antennas of various types of connection systems (ETC, V2X-RSU, electronic license plates, etc.); on the vehicle side, the joint-controlled entity Lianlu Intelligent and its important shareholding company Hongquan IoT provide a full range of vehicle external network connection products for the next generation of smart cars from the perspectives of passenger cars and commercial vehicles, including 5GT-box, V2X-OBU, DMS, departmental standard machines, etc., as well as pre-installed RF series products including Bluetooth and ultra-wideband technology. At the same time, the company has built a complete cloud control platform and equipment management platform for future Internet of Vehicles operations. The formulation of the "Plan" will further promote the development of the Internet of Vehicles industry and accelerate the process of commercialization. As a leading domestic smart transportation solution provider, the company will continue to actively promote the digital transformation and intelligent upgrading of road infrastructure, increase investment in vehicle network sectors from standards to technology to products, and promote the interconnection and rapid development of road infrastructure, transportation tools, and traffic control systems.