Panhua Group is currently developing its fifth production base, Anhui Panhua New Materials Co., Ltd. Located in Anqing, Anhui Province, this new manufacturing facility is set to begin operations in 2025, significantly strengthening our ability to provide high-quality steel products including cold-rolled steel, galvanized steel, pre-painted steel, etc. to neighboring provinces such as Henan, and Jiangxi. With an estimated annual capacity of 2 million tonnes each for cold-rolled, galvanized and pre-painted steel, the Anhui production base will seamlessly integrate into our existing steel sheets and coils production network. This strategic expansion not only enhances our supply capabilities but also reinforces our commitment to meeting the evolving needs of our customers with greater efficiency and reliability.