Autonomous driving is at the forefront of capital investment, and LiDAR is a top priority. Last year, the company sold more than 100 million yuan worth of laser products, which has already occupied a relatively important position. In addition to the huge prospects of LiDAR, the company should vigorously strengthen its support for LiDAR products in terms of funds and talents, and discuss the possibility of in-depth cooperation with domestic autonomous driving leading companies such as Huawei and Baidu as soon as possible.

Wanji Technology: Hello, thank you for your suggestions. LiDAR is an important strategic layout direction of the company, and the company has been continuously increasing its investment in the laser business. In terms of personnel investment, the company has more than 200 R&D personnel in the laser direction; in terms of technology layout, the company has deployed solid-state LiDAR research and development based on silicon-based phased array technology to ensure the advanced nature of product technology. Related projects have successively obtained funding support from the National Natural Science Foundation, Beijing Municipal Science and Technology Commission Key Project, Zhongguancun Disruptive Technology Research and Development and Achievement Transformation Project, etc.; in terms of industrialization, the company has accumulated rich industrialization experience in 10 years of industrialization accumulation. The Shunyi capacity project under construction is equipped with 10,000-level and 100,000-level workshops to meet the needs of LiDAR capacity expansion; in terms of cooperation, the company has formed business cooperation with road test transportation, car companies, and downstream companies of intelligent robots. In the future, the company will continue to increase investment in LiDAR business and strengthen external cooperation. Thank you.