Hello, Secretary Dong, the first quarter report of 2024 shows that the main business profit has increased significantly year-on-year. According to the analysis of Biwan APP, the main business profit in the first quarter of 2024 was 14.2739 million yuan, compared with 4.4343 million yuan in the same period last year. The reason for the significant year-on-year increase of 2.22 times is that the total operating income in this period was 1.12 billion yuan, a slight year-on-year increase of 6.17%. What is the reason for the slight increase in total operating income?

China Automotive Research Institute: Hello, thank you for your attention! The above data does not match the company's actual business data. The company's total profit in the first quarter of 2024 was 206.9611 million yuan, compared with 181.9097 million yuan in the same period last year, a year-on-year increase of 13.77%; the total operating income in the first quarter of 2024 was 861.3860 million yuan, compared with 707.0451 million yuan in the same period last year, a year-on-year increase of 21.83%. The main reasons are: the company focuses on the core business of technical services and emerging businesses, continues to strengthen business collaboration, and the technical service business is stable and rising; the equipment manufacturing business adheres to the market orientation, the effect of major customer expansion is evident, and the number of new orders and shipments has increased. For details, please refer to the "China Automotive Research Institute 2024 First Quarter Report" disclosed by the company on the website of the Shanghai Stock Exchange on April 26, 2024. Thank you!