On June 12, the groundbreaking event for the CALB Wuhan Phase III project was successfully held in Han Yuan. The CALB Wuhan Phase I and Phase II projects, with a planned capacity of 20GWh and a total investment of RMB 10 billion, were signed on 31 May last year and are now progressing as planned. On May 11 this year, we signed another contract with an additional investment of RMB 12 billion and 30GWh capacity.