The industry generally expects that solid-state batteries will not be fully mass-produced and installed in vehicles until around 2030. Before that, there will be a semi-solid transition. When will the company's related products be launched on the market?

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.