Gronghui announced on August 9 that the U.S. Department of Commerce launched an investigation into the use of Chinese wheel assemblies in Vietnam on August 7, 2023 for steel wheels with diameters of 12 to 16.5 inches. In 2022, the sales revenue of Vietnam's 12-to 16.5-inch small-size steel wheels exported to the United States accounted for 4.69% of the company's audited operating income, in view of the fact that before the US Department of Commerce made a final ruling on this scope investigation, although the export of the products involved was not prohibited, downstream importers may suspend imports of the products due to the uncertainty of the investigation results. It may have an adverse impact on the sales revenue of Vietnam New Changcheng in 2023, but it will not have a significant impact on the overall operation of the group company.