Moderator Zhong Shi: Thank you, Mr. Zhang. At least we dismissed the concept of a need to reorganize the auto market. The target of producing and selling 10 million units this year is expected to be a little less.

Next, I would like to ask Mr. Zhang Xianhua, assistant to general manager of Jianghuai Automobile Sales Co., Ltd., because JAC is a special company. The company has always been mainly commercial vehicles. Now it is also developing for passenger vehicles. Therefore, both products are on the table. The other companies are a bit different, especially after the heavy disaster, we all know that the situation in commercial vehicles is more optimistic than passenger cars, and we also want to hear what views companies across the two major categories have?

Jianghuai Zhang Xianhua: Jianghuai Automobile is based on commercial vehicles. In 2007, Jianghuai Automobile successfully entered the passenger car market. Just now, experts all talked about the trend of the auto market after the heavy disaster this year. Everyone talks about the sedan more. The market trend of this piece of passenger cars is another fact that everyone can not ignore is the overall market trend of commercial vehicles. For example, the transportation of materials after heavy disaster may increase the demand for commercial vehicles. We can understand this way. Such a serious disaster, considering that cars are actually pulling domestic demand, we can see that after heavy disasters, Many related factories around the world are working overtime to produce corresponding materials. The demand for commercial vehicles is quite obvious.

On the other hand, we believe that the impact on the passenger car market after heavy disasters can be divided into two perspectives: First, I think it is a good news for autonomous positioning. In this heavy disaster, we are very pleased to see that The brand took on more social responsibility during the major crisis of the country. After the heavy disaster, Jianghuai organized 200 Tiggo and Ruiying services on site. At the same time, the majority of consumers have paid more attention to their own brands through the performance of self-owned brand social responsibility in this disaster, which will be more effective for the next-generation development of independent brands. Second, after the heavy disaster, the state clearly stipulated that the pace of government procurement vehicles will slow down this year, and government procurement vehicles are more joint venture brands with more than 2 million yuan. I think this has an impact on joint venture brands and will not be too great for independent brands. Great influence. From Jianghuai Automobile, Jianghuai Binyue, Ruifeng, and Ruiying will analyze the market even more after the disaster. In particular, we feel that Shandong, Henan, Anhui, Jiangsu, Zhejiang, and Hebei are more caring for Jianghuai Binyue. We are here. The market from its own point of view to maintain a good sales momentum. Our sales of Ruifeng and Ruiying all the way up. From this perspective, I think that self-owned brands may be better in the future market. thank you all.

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