Linglong Tire: The construction and production capacity ramp-up of Linglong Serbia are progressing as planned.

Linglong Tire stated on the interactive platform that the company's project in Brazil is currently in the process of planning, designing, and handling various approval procedures. The construction and capacity ramp-up of Linglong in Serbia are progressing as planned, with the ramp-up of semi-steel and all-steel capacities reaching 70% and 50% of the actual planned capacity, respectively. It is expected that the construction of 12 million semi-steel and 2.4 million all-steel production lines will be completed by the end of the year, and the full production target will be achieved in the first half of next year.