Recently, china transinfo technology released its interim report for 2024. As of the end of this reporting period, the company's total operating income was 3.567 billion yuan, a year-on-year increase of 6.24%, with net income attributable to the parent company of 12.235 million yuan, a year-on-year decrease of 95.71%. In terms of income tax, the change in the income tax expense of china transinfo technology was -84.62%, due to changes in deferred income tax assets and liabilities caused by factors such as fair value changes. Previously, china transinfo technology has seen negative income taxes for consecutive periods. In response to investor questions about the changes in income tax, whether they are due to some business personnel being replaced by Huawei or other mainstream industry players, or due to product quality issues, china transinfo technology stated, "The company's income tax expense account is calculated in accordance with enterprise accounting standards. For example, the company values research and development investment based on business needs, and the increase in the deduction rate for research and development expenses has reduced the current income tax expenses and deferred income tax expenses, resulting in negative income taxes. There are no other reasons as mentioned by you, please pay attention to public information." (Sina Technology)