Three's mentioned on the interactive platform that, according to the 'Announcement on the continuation of the corporate income tax policy for western development' (Announcement No. 23 of the Ministry of Finance in 2020), from January 1, 2021 to December 31, 2030, enterprises in the western region that are engaged in encouraged industries will be levied corporate income tax at a reduced rate of 15%. The company is registered in Xi'an, Shaanxi Province, and the registered location of the company and its wholly-owned subsidiary Inner Mongolia Three's Digital Technology Co., Ltd. is in the western region, and its main business complies with national encouraged industrial projects, thereby enjoying tax incentives for western development. At the same time, the company is preparing to establish the Guizhou Three's Fund for Advanced Equipment Manufacturing Industry, aiming to promote technological innovation and industrial agglomeration of relevant enterprises through investment in the advanced equipment manufacturing industry, and to promote the high-quality development of the regional economy, in line with the national western development policy orientation.