National People's Congress representative Academician Chen Jun mentioned that solid-state batteries are superior to lithium batteries and have disruptive potential. What progress has CATL made in the research and development of solid-state batteries? Is there any cooperation with Academician Chen Jun's team?

CATL: Dear investors, the company attaches great importance to solid-state batteries and has been planning for many years. Recently, it has increased its investment and is in the leading position in the field of solid-state batteries, with a large amount of technical reserves. At the same time, the company has released a condensed state battery with an energy density of up to 500Wh/kg, achieving both high specific energy and high safety. Thank you for your attention.