We believe that the continual development of our technology will be vital to maintaining our long-term competitiveness. Therefore, we intend to significantly increase our investment of management and financial resources into research and development. Our senior management team spearheads the research and development efforts and sets strategic directions for the advancement of products and production processes, focusing on efforts to improve product quality, reduce manufacturing costs and broaden our product markets. We have established a research and development center in Xuzhou and are considering several projects including additional research and development centers in China and the USA and the pursuit of other technologies that can assist us in addressing the future trends of the solar industry.