Chen Zhuo, President of Avatr Technology, emphasized that in the fierce competition within the high-end market segment, brands must preserve their autonomy in computing power distribution and comprehensive vehicle solutions to avoid being reduced to mere hardware integrators. Future research and development efforts will concentrate on three primary areas: original design, tailored solutions for specialized scenarios, and AI-driven intelligent cockpits. In the fourth quarter of this year, Avatr is set to unveil a new six-seater flagship SUV. Concerning the progress of the IPO, Chen Zhuo noted that the relevant work is advancing steadily in compliance with regulatory standards, though no additional specifics have been disclosed at this time.