Hello! In the field of new smart transportation infrastructure, Baidu's current projects are all consortium bidding, and the products currently provided by the company seem to be in direct competition with the products provided by Baidu, Huawei, etc. Last year, the company disclosed that it had two-way procurement business dealings with Alibaba. Has the previous cooperation with Baidu, Huawei, etc. in the bidding projects in the field of Aixin infrastructure been stopped? If it has not stopped, how much is the annual business dealings?

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Qianfang Technology: Hello, thank you for your attention. The company's transportation business provides overall solutions for digital, intelligent and networked transportation represented by vehicle-road collaboration and intelligent networking. At present, the layout on the vehicle side is mainly based on information interaction between the vehicle and the outside world, such as OBU and other products. At present, the company has established good cooperative relations with partners such as Baidu and Huawei, and has continuous cooperation with Baidu and other companies in the fields of vehicle-road collaboration. The V2X market is a trillion-dollar market, and the cooperation between us and different friendly companies is greater than the competitive relationship.