On September 3rd, Seres Group released a statement in which it proactively embraced the "Guidelines for Overseas Competition Conduct and Compliance Management in the Automotive Sector". Seres has consistently treated legal compliance as an unwavering principle for the company, and is committed to upholding and abiding by the stipulations outlined in the "Automotive Guidelines". In our international endeavors, we are steadfast in our dedication to the principles of legal compliance, fair competition, and mutual benefit. We are continually refining our overseas compliance frameworks, standardizing our international business and competitive strategies, and safeguarding the global image and reputation of the Chinese automotive industry. Concurrently, we urge our industry counterparts to rigorously respect compliance boundaries and collaborate in fostering a fair and orderly international market environment.