On December 10, the Gelonghui reported that Huihan Co., Ltd. (301600.SZ) recently stated in investor relations activities that in terms of 5G-TBOX products, the company completed the research and development and mass production of 5G-TBOX products as early as 2019, which supports V2X functionality. The company has the capability for integrated cloud services for vehicles and roads in terms of product development and mass production. However, large-scale application will still take some time, and the current penetration rate is relatively low.

Looking ahead, the related Business of vehicle-road cloud has a larger market compared to the roadside; our focus is on the vehicle side. At the same time, the company's technology is fully applicable to roadside applications. The future development of the vehicle-road cloud market will also have a positive impact on the company's Business.