On the 15th anniversary of the establishment of Qingdao Shuangfei in October 2023, under the leadership of the group, we have achieved certain results through the unremitting efforts of Shuangfei personnel. Looking forward to the future, we have full confidence!

Since its establishment in 2008, we have conscientiously implemented the company's safety production principle of 'safety first, prevention first'. The team is able to respond quickly, dispatch quickly, and dig quickly. With the increase and upgrading of self-produced and automated technology, the overall quality of the company has been improved, and process testing equipment has been upgraded to meet customer needs.

At the same time, the number of new projects and new customer development technology research and development quotations is showing a decreasing trend. On the basis of meeting Wuling's supply business, Qingdao Shuangfei Shunyi will develop overseas Biaqiao business in 2019. In 2021, it will assist Beijing Automobile Manufacturing Factory in developing small card models and achieving fixed points. In 2022, Qingdao Shuangfei will further improve and assist Beijing Automobile Manufacturing Factory in developing MPV models and achieving fixed points. The fixed points of MPV models represent Qingdao Shuangfei's entry into the mid-range market.

Although the results are commendable, efforts are still needed in the future. Looking ahead to the future, from the current business integration with Chery, Geely, and FAW Jiefang, Qingdao Shuangfei still has great market development space. In the future, Qingdao Shuangfei will seize opportunities and cultivate diversified skills, knowledge, and management; Effectively carry out system control and promote the use of MES system, WMS system, Jiandao Cloud system, etc; By updating equipment, improving process and reasonable layout; By cultivating an efficient and capable team, a rigorous collective system, and a team with a holistic perspective; To adapt and drive the development of the company. I believe that in the near future, Qingdao Shuangfei will also become a leader in the high-end automotive manufacturing industry wiring harness sector, striving to become a leading professional wiring harness manufacturer in the world.

Finally, I would like to express my gratitude for the recognition of our clients and the efforts of our team over the years. Under the leadership of the group, lay out the future and embark on another journey!