Gelonghui, May 8 | Hongquan Internet of Things (688288.SH) Investor Relations Activity Record Table shows that the company is mainly engaged in the intelligent networking business of front-mounted OEMs, accounting for more than 90% of front-end equipment. At the same time, the company's business is mainly domestic. Furthermore, the application of the company's products is gradually entering the fields of commercial vehicles to passenger cars, two-wheelers, etc., and will also try to develop overseas markets in the future. In terms of passenger cars, the company's controllers, T-BOX and other products have been used in passenger cars. The thermal management controller is in close cooperation with the leading domestic tier 1, and is mass-produced in the AEON project. The seat controller has already been mass-produced with the international tier 1 project. In addition, several controller products are already in the development and mass production stage. As the company continues to develop markets for other models such as passenger cars and two-wheelers, I believe it can continue to be recognized by customers and obtained project targets.