What is the company’s overseas market development status and future plans for its automotive electronics business?

Huayang Group: The company's sales revenue at home and abroad accounts for about 7:3. In recent years, the company has continued to expand overseas markets, which has achieved results and entered the harvest period. The automotive electronics business has obtained projects from Honda, Toyota, Volkswagen SCANIA, Stellantis Group, Modern Record Group, VinFast, Pioneer, Bosch and other customers, and some projects have been mass-produced; at the same time, it actively cooperates with independent brand car companies to go overseas, develops and provides corresponding products that meet the requirements of exporting countries, and has currently obtained multiple independent brand overseas platform project points. According to the business development plan, the company is promoting the establishment of overseas production bases.