Hello, Secretary Dong, what is the proportion of your company's R&D investment? Can you tell me roughly where the R&D investment goes?

Wanji Technology: Hello. In 2020, the company's R&D expenses were RMB 153.5261 million, accounting for 9.23% of operating income. The main R&D investment was concentrated on new products such as V2X, LiDAR, new generation ETC, intelligent network cloud control platform, as well as new technologies such as artificial intelligence, edge computing, and intelligent network connection. Thank you.