In terms of automotive wheel products, the company's current proposed and ongoing projects include the “Intelligent Manufacturing and Construction Project with an annual output of 1.2 million steam turbines” in Zhanyi, Yunnan, the “Construction Project with an annual output of 1.2 million steam turbines” in Lu'an, Anhui, and the “New Energy Vehicle Wheel Construction Project with an annual output of 2 million pieces” in Rayong, Thailand. Among them, construction of the Lu'an project in Anhui recently began. Land purchase has already been completed for the Rayong project in Thailand, and subsequent investment and construction will be carried out in accordance with the project plan. The rest of the company's construction projects are progressing in an orderly manner.