On September 30, Gelun Hui | NIO surged nearly 13%, leading the way, while Xpeng and Li Auto Inc. both soared over 7%. In terms of news, Cui Dongshu stated at the World New Energy Vehicle Conference that it is estimated that mainland China's retail sales of automobiles will reach 22.3 million vehicles by 2024, with an annual growth rate of 3%. It is expected that mainland China's retail sales of new energy passenger vehicles will reach 10.4 million vehicles, with an annual growth rate of 34%. At the end of last year, the China Passenger Car Association estimated that mainland China's retail sales of passenger vehicles in 2024 would be 22.2 million vehicles. In addition, Cui Dongshu mentioned that China plays an important role in the rapid transformation of global new energy vehicles, believing that Chinese cars will not be "constrained," as China's supply chain has a strong base in consumer electronics, and believing that Europe and America cannot restrain China. Essentially, China has a strong global competitiveness.