Our shareholders are distributed in state-owned enterprises, local governments and private enterprises. Sichuan yuanjingda, a wholly-owned subsidiary of Luzhou Laojiao, took a strategic stake in Sanxi capital in 2023 as the cornerstone investor. The diverse portfolio of investors ensures our long-term stable source of capital. At the same time, we have established close and in-depth business ties with these investors, and will establish connections with more excellent investors worldwide to strengthen cooperation.