we get up every day, we find that several changes have taken place. That's the beauty of life. Our company is no exception. As a Chinese manufacturing company, it is very simple for us to increase the scale from one GW to 10 GW, but it is very difficult for us to transfer part of our production abroad and maintain the same time and cost efficiency. We all have the most ideal conditions in China. We have the strongest supply chain, we have the best labor force in the world, these conditions are available, including the local policy environment is also supporting us. We have easy access to financing, and the infrastructure of our industry is perfect. But even under such conditions, it is still very difficult for us to further improve our efficiency and profitability in today's China. So it's hard for me to imagine how we can maintain its profitability for a long time when we set up factories abroad. This is a big challenge for us. That's why we need more than just the environment, we need the whole ecosphere. We need global and local partners to work with us to build a resilient ecosystem. I firmly believe that 1 + 1 is greater than 3, because no company can monopolize all ideas, all expertise, all talents and so on. So, we especially need partners from all over the world. It is a good experience for us to set up a factory in Saudi Arabia. Our joint venture with PIF (Public Investment Fund) and VIC (a local energy and infrastructure company) has effectively reduced risks, combined the strengths of the three parties and played our respective roles. Therefore, we need to go out in a more innovative way.
