Secretary: Hello! I read the company's interim report and found that the company has reduced its R&D projects from 17 to 7 by the end of 2023. Have all the other R&D projects been developed? There are no R&D projects for mobile phone cameras, and the company's R&D staff has dropped from 600 in 2022 to about 300. Is the market for the product not as good as expected?

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Orbbec-UW: Hello! The projects under development in the company's 2024 semi-annual report are the main projects under development during the reporting period, not all of the projects under development. In the past two years, the company has focused on the downstream market with rigid demand (biometrics, robots, AIoT, 3D scanning, etc.) to make business breakthroughs. Relying on the advantages of self-developed core technologies and product mass production, the expansion of strategic core businesses has begun to show results. In the first half of 2024, the company achieved operating income of 213.3158 million yuan, a year-on-year increase of 29.02%; the net profit attributable to shareholders of listed companies was -53.3731 million yuan, a year-on-year reduction of 61.94% in losses. Thank you for your attention and support to the company!