SGMW, our company’s key passenger car partner, ranked fifth in sales in 2019, with a total of 60,000 vehicles sold. In 2020, our company’s LFP batteries will be equipped with 8 SGMW models. At the same time, the release of new capacity will enable our company to increase its other customers such as Changan and Chery. Our company also maintains a long-term and stable cooperative relationship with Dongfeng Motor, Jiulong Motor, etc. In addition, in 2019, the company also developed a number of customers such as Wuling Automobile and Jiangxi Dorcen. In the future, power batteries will become the company's fastest-growing business segment.
We continue to develop power batteries and will soon launch a new LFP battery pack, which will provide cooperative customers with Mileage over 450km. We are currently conducting joint development and technical demonstrations with well-known domestic automakers, let’s wait and see!