An investor asked: Does the company have standardized risk? In response, Malion New Materials stated on the interactive platform that there have been recent rumors in the market that some listed companies have the risk of being delisted, including our company, which has caused doubts among investors. Here, the company wants to make a solemn clarification: the company has always put improving governance level, protecting the rights and interests of investors and striving to improve enterprise operation efficiency at the forefront. The company's business activities are legal and compliant, and there is no regulatory issue as rumored. We urge all investors not to believe market rumors lightly, but to rationally treat all kinds of information, maintain rational investment and adopt a steady attitude towards stock market fluctuations. The company will continue to abide by the principle of honesty and trustworthiness, and create sustained and stable value for investors. At the same time, like other victimized listed companies in the rumors, the company reserves the right to hold the bad media accountable for manufacturing false rumors.