Facing a series of challenges, like slowing down economy, energy crisis and overcapacity, we still saw some positive trends and opportunities. Based on these, Wanhua is proactively tackling the challenges mainly in two aspects: firstly, carrying out a thorough green transformation of the company; secondly, developing and promoting blue ocean ideas and solutions for the industries. Both will be in accord with Wanhua’s 2050 carbon neutrality roadmap.