On the issue of "the company's layout in mergers and acquisitions", huada automotive technology corp.,ltd. stated in a telephone conference on November 3 that, in terms of external mergers and acquisitions, huada automotive technology corp.,ltd. has strengthened its layout in new energy and intelligence fields through cooperation with multiple enterprises. The company plans to further expand its market share and technological advantages through mergers and joint ventures, laying the foundation for future growth. The company will continue to strategically invest and layout in the fields of new energy vehicles, intelligent driving systems, and low-altitude economy to ensure a leading position in the industry competition.