Dear Secretary, how far has the cooperation between the company and Luobo Kuaipao progressed? What impact will the increase in Luobo Kuaipao's market share have on the company?

Qianfang Technology: Hello, thank you for your attention. The company has been developing vehicle-road collaboration business for many years. It has perfect industrial capabilities in software, hardware and algorithm models of roadside facilities, and has launched a new generation of urban transportation infrastructure "Kunchao Dual-Intelligent Intersection". The solution consists of a set of infrastructure, an open platform, and multiple ecological applications. The Kunchao open platform has the function of vehicle-road collaboration. The company's smart transportation business can effectively improve the efficiency of autonomous driving and the coefficient of safe driving. "Smart" cars need "smart" roads. The company has also deployed autonomous driving test field business-Beijing Intelligent Vehicle Industry Innovation Center. Luobo is a cooperative customer of the innovation center; the increased penetration rate of the autonomous driving automobile industry will positively empower the company's business.