In mid-October, Wu Qiang, general manager of the Financial Department of Zheshang Zhongtuo, Zhou Yan, head of the Rilishun segment of a subsidiary of Haier Group, and the Djibouti branch of China Merchants Group were invited by Sino Building Materials Group to the Qingdao Group headquarters for discussions and exchanges. Group General Manager Yu Yeshuai and other senior leaders of the group warmly received them and accompanied them for visits and exchanges. The holding of this exchange meeting further strengthened the cooperative relationship between our company and the three parties and opened a new strategic cooperation model.
    At the symposium, each introduced the company's strategic layout and the company's overall situation. During the period, they had in-depth exchanges and reached consensus on overseas warehouse layout, new energy sector, strategic cooperation in mixed-ownership reform, etc. During the meeting, our group had an in-depth discussion with representatives of Zheshang Zhongtuo, sharing their experience and insights in the fields of new energy and steel trade, and also actively understanding their expertise in international trade, logistics and distribution, etc. Advantage.
    This symposium also conducted exchanges, learning and sharing on digital intelligent management, continuously broadened the areas of cooperation between the two parties, enriched the content of cooperation, and created a new situation of strategic cooperation between the two parties with complementary businesses, complementary advantages, and mutual benefit. Deep mutual trust and consensus were established through exchanges, laying a solid foundation for later mixed-ownership reform joint venture cooperation. We believe that through the integration and cooperation of the superior resources of the two parties, we will be able to achieve greater breakthroughs in the fields of new energy vehicles and steel trade, and provide customers with better services and solutions.
    Sino Building Materials has been adhering to the development model of diversified operations for many years, adhering to the development strategy of "high standards, high starting point, high speed", making outstanding contributions to local economic construction and social progress, and establishing a good reputation in the industry. As China's top 500 companies, Zheshang Zhongtuo, Haier Group and China Merchants Group have great brand building capabilities and brilliant achievements. I believe that through this discussion and exchange, we will strengthen and further deepen cooperation in the existing traditional business sectors, and create a better future for them. The later cooperation has laid the foundation. I believe that with the support of industry giants, our confidence and confidence in becoming stronger, better and bigger will be further enhanced.
    This multi-party meeting and exchange not only demonstrated the leading position of Sino Building Materials Group in the industry, but also injected new vitality and opportunities into the development of the group. We will continue to work hard to provide customers with better products and services and promote the automotive industry. In the future, the development of export and steel trade will continue to deepen collaboration, complement each other's advantages, jointly create brilliant results, and achieve win-win development goals.