Dear secretary Guo Yonghang, Mr. Hou Weigui, founder of ZTE, distinguished guests and friends:

Good morning, everyone!

On the occasion of the completion and operation of the new zonson smart auto base, on behalf of all shareholders of the company, I would like to extend my warmest welcome to all the leading guests and media friends, express my sincere thanks to the Zhuhai Municipal Government, the Jinwan District Government and our partners for their support, and express my heartfelt congratulations on the completion and operation of the new zonson smart auto base.

In 2016, ZTE signed a strategic framework agreement with the Zhuhai Municipal Government, and the zonson smart auto project in Zhuhai Jinwan attracted much attention from all walks of life.ZTE actively fulfilled its investor responsibilities and completed the merger and acquisition of Zhuhai Guangtong Bus Co., Ltd., established zonson smart auto Co., Ltd. on July 28, 2016, and laid the foundation for the new base of zonson smart auto in November 2016.Up to now, ZTE has completed a cumulative investment of more than 1 billion yuan in the zonson smart auto project.

In 2018, ZTE was widely concerned about the Sino-US trade war.In the same year, ZTE and zonson smart auto jointly invested in the establishment of Shenzhen InBev Supercomputing Technology Co., Ltd., focusing on the research and development of autonomous driving operating system and computing platform.In 2019, ZTE comprehensively promoted the pace of 5G commercialization. The comprehensive and in-depth application of 5G technology in the automotive field will become an important focus of China's automotive industry to achieve curve overtaking.zonson smart auto will also use the wave of 5G technology to fully accelerate the integrated application of vehicle networking technology and automatic driving technology, and actively contribute new strength to the construction of urban intelligent transportation in China.

As we all know, China's new energy automobile industry has made remarkable achievements after cultivating and developing in recent years.China's bus technology, especially electric buses, is already in the leading echelon in the world.China has a very large application scenario and a mature supply chain, and the export of electric buses will have very large technical and application advantages.In 2018, the export proportion of zonson smart auto buses ranked first among domestic car companies, and in the future, we will actively contribute to the country's export earnings.

Distinguished guests and colleagues, China's new energy automobile industry is undergoing deep integration and adjustment, and opportunities and challenges coexist.zonson smart autowill continue to strengthen the core technology advantages of products, continue to build enterprise competitiveness, base itself on Zhuhai, serve the Bay Area, look at the world, and work hand in hand with customers and partners to inject "Xing" strength into the development of the new energy automobile industry.

Thank you again for coming!