Chen Gang, Vice Director of CES Trust Alliance Information Development Inc.Ltd.Shanghai, stated during a roundtable discussion on "New Opportunities for Mergers and Restructuring" at the 2024 Financial Association's 7th Investment Annual Meeting that the company is fully prepared to comprehensively embrace the significant opportunities for large-scale application of Beidou before December 31, 2025, specifically for heavy trucks in certain niche markets (8 million vehicles). The company recently announced the signing of a "Beidou Key Operating Vehicles Intelligent Networking System Project Cooperation Agreement" with a wholly-owned subsidiary of the China Automotive Technology and Research Center, with a contract amount reaching 0.2 billion yuan, exceeding 80% of the company's total revenue for 2023. After the release of the six mergers and acquisitions, regulatory tolerance has increased, and under the core strategy of "Beidou +", the company will focus on industry mergers and acquisitions related to its main business, such as transportation Big Data and multi-dimensional large-scale application of Beidou, which will be one of the active development lines of the company. Chen Gang mentioned that currently, there is no listed company in the A-share market that is completely aligned with the core operations of Trust Alliance Information Development Inc.Ltd.Shanghai, making the company the sole representative in this field.