Why in the past two years, we have seen that technology is constantly iterating and our products are constantly innovating, but it has not greatly alleviated the pressure brought by involution, and sometimes it will become more severe. In my opinion, continuous technological innovation has crossed the industry cycle, and now the photovoltaic industry has gone from scale to product strength competition. Of course, we need to improve the intellectual property protection system, so that technological innovation can not become a burden on enterprises and repeat the involution. The second is to create demand, photovoltaic itself is the biggest ESG , we can not be limited to passive compliance, but also to enhance the value of ESG, in response to the national strategy, zero carbon industrial park, computing power synergy and green power direct connection, diversified scenarios to enhance market demand. Anti-involution, you still have to rely on technological innovation and go ahead. Of course, another dimension of support is needed. In terms of technological innovation, you should not only do it, but also protect it. Careful layout of intellectual property rights is the patent, because this is the moat with the strongest legal effect and the longest time limit. The second moat is collaborative innovation and exclusive supply with our core suppliers. Third, people have been saying that the layman is watching the fun, and the expert is watching the door. For things that can understand the door at a glance, but also very critical things, they specially carry out this kind of confidential design on their own production line. The last line of defense is to protect our core technical personnel involved in secrets. As a manufacturing enterprise, we should first cooperate with each other, such as Xiexin, Jingke and Longji. Our three companies cooperate very well. Then our materials, their components , and their common zero-carbon brand in Europe, the European Union and other parts of the world, the whole traceability is that we are together. In the world, one is carbon tariff , and the second is our common brand, which is also a very important part of anti-involution. Second, we still need to strengthen the self-discipline of trade associations. Third, in the protection of intellectual property rights, we still need to have our own areas of coordinated development.
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