Holding Corporation. My name is Peter Wang, and I am the Chairman of the Board of Directors of the company. I will act as chairman of the annual general meeting of shareholders. First, I would like to introduce the officers and directors of Greenland Technologies Holding Corporation that are joining us today by telephone. Raymond Wang, Chief Executive Officer. Nancy Wang, Acting Chief Financial Officer. The meeting is now formally called to order. I will pass the call to the company's CEO, Raymond Wang, to facilitate the meeting. Raymond, please go ahead. Thank you, Peter. The purpose of this meeting is to consider, and if thought fit, approve: Number 1, to approve as a resolution of members, the adoption of new Memorandum of Association and new Articles of Association in the form presented to the meeting and annexed hereto as Annex A, the New M&A Adoption Proposal. Number two, to approve as a resolution of members, the implementation of a dual class structure to the original shares in the company, under which the original ordinary shares of no par value in the company, the ordinary shares, will be redesignated, the redesignation to Class A Ordinary Shares of no par value, which will carry one vote each, the Class A Ordinary Shares and Class B Ordinary Shares of no par value, which will carry 25 votes per share, the Class B Ordinary Shares, in accordance with Clause 6.4 of the Memorandum of Association of the company, the memorandum or the share capital reorganization proposal. To approve as a resolution of members, that each of the issued ordinary shares held by Trendway Capital Limited be reclassified as Class B Ordinary Shares, and the remaining outstanding ordinary shares be reclassified as Class A Ordinary Shares. Number 4, to approve as a resolution of members, the appointment of each of Peter Zuguang Wang and Frank Shen, the director nominees, and each a director nominee as a Class 2 director, as defined in the articles of association of the company, known as the articles. To hold office for a term expiring at the company's second annual general meeting following their election, in accordance with Regulation 9.2 of the articles, known as the Director Election Proposal. Number five, to confirm, ratify, and approve as a resolution of members, the appointment of Enrome LLP as the company's independent registered public accounting firm for the fiscal year ending December 31st, 2025, pursuant to Regulation 20.6 A of the articles, the Auditor Ratification Proposal. And lastly, sixth, to approve as a resolution of members for the chairperson of the meeting, the chairperson, to adjourn the meeting to a later date, if necessary, for the purpose of soliciting additional proxies in favor of the foregoing resolutions and/or in the event that the company does not receive the requisite majorities to approve the same in accordance with Regulation 8.15 of the articles, the adjournment proposal. Regarding number four, statement regarding the notice of meeting, inspector of elections, presence of quorum, and the voting procedures. The full text of the resolution is as set out in the notice of this meeting. A notice of this meeting was contained in the proxy statement issued by the company and was dispatched to the shareholders on or around December 8th, 2025. A copy of the proxy statement, including the notice of this meeting, is available for inspection at this meeting and will be filed within the minutes of this meeting. With your permission, I propose to take notice as read. Ms. Nancy Wang will serve as the inspector of elections for this meeting and has signed the oath of office. The oath of the inspector will also be filed with the minutes of the meeting. Nancy has, in her possession, a list of the company's shareholders of record as of December eighth, 2025, and she has advised me that as of the same date, there were 17,394,226 ordinary shares issued and outstanding, each entitled to one vote. December 8th, 2025, is the record date set by the Board of Directors to determine the eligibility to vote at today's meeting. The Inspector of Elections has further informed me that at the commencement of this meeting, we had shareholders present in person or by proxy, in the case of a shareholder being a corporation by its duly authorized representative, 7,956,116 Ordinary Shares, representing 45.73% of the outstanding Ordinary Shares carrying the right to vote at this meeting, and hence a quorum is present. Accordingly, this meeting is duly convened and quorate. All resolutions to be proposed at this meeting will be voted upon by way of poll, such that each shareholder shall have one vote for each Ordinary Share held by such shareholder. Pursuant to the authority vested in me by the amended and restated articles of this company, currently in effect, I hereby demand that voting on all resolutions be undertaken by way of poll. If you have turned in a valid proxy card and do not intend to change your vote, then it is not necessary that you vote at this meeting. And those of you who wish to change your votes may do so through the online portal. At this meeting, we will consider five proposals as described in the proxy statement. I hereby propose the following proposals for the shareholders' consideration and, if thought fit, approval of the following proposals. Number 1, the New M&A Adoption Proposal. Number 2, the Share Capital Reorganization Proposal. Number 3, the Share Reclassification Proposal. Number 4, the Director Election Proposal. Number 5, the Auditor Ratification Proposal, and Number 6, the Adjournment Proposal. The proposals to be voted on at this meeting are each explained in detail in the proxy statement, which you previously received. The board of directors of the company has unanimously recommended a vote for each proposal. In order to pass each of the proposals presented at this meeting, the affirmative vote of a simple majority of votes cast by shareholders as being entitled to do so, vote in person or by proxy, or in the case of a shareholder being a corporation by its duly authorized representative, is required. If there are no questions on the resolutions, we are happy to answer them now. If you'd like to ask a question, simply do so through submitting your questions through the box appearing on your screen. We'll pause here for any questions. All right, it seems no questions have been submitted, and as there are no questions, we will now proceed with voting. Our shareholders may vote through the online portal, indicate for or against the proposed resolutions, and submit your votes. If you wish to abstain on the proposed resolution, please indicate by ticking the appropriate box. I'll ask the Inspector of Elections to report the results of the votes in one minute. Okay, at this stage, Nancy, could we have the official voting results? Of course. The final votes submitted are as follows: for resolution one, new M&A adoption proposal, a total of 7,956,116 votes were cast. There was 7,656,594 votes were for, 2,785,557 votes against, and 209,665 votes were abstained. For resolution two, share capital reorganization proposal, a total of 7,956,116 were votes were cast, were cast. There were 7,610,002 votes for, 325,095 votes against, and 21,019 votes were abstained. For resolution three, share reclassification proposal, a total of 7,956,116 votes were cast. There were 7,620,691 votes for, 314,660 votes against, and 207,640 votes were abstained. For resolution four, director election proposals, a total of 7,956,116 votes were cast regarding the election of Peter Zuguang Wang. There was 7,807,473 votes for, 125,982 votes against, and 22,661 votes were abstained. A total of 7,956,116 votes were cast regarding the election of Frank Shen. There was 7,747,382 votes for, 184,323 votes against, and 24,411 votes were abstained. For resolution five, auditor ratification proposal, a total of 79,562,611 votes were cast. There were 79,036,694 votes for, 34,764 votes against, and 14,658 votes were abstained. For resolution six, adjournment proposal, a total of 79,561,116 votes were cast. There were 76,653,338 votes for, 2,686,661 votes against, and 221,118 votes were abstained. Thank you, Nancy. With the results of these votes, I declare that the required number of votes has been obtained to approve the New M&A Adoption Proposal, the Share Capital Reorganization Proposal, the Share Reclassification Proposal, the Director Election Proposal, the Auditor Ratification Proposal, and the Adjournment Proposal. Since the required number of votes in favor of the foregoing proposals has been obtained, the proposal to instruct the chairman of the meeting adjourn the meeting to a later date is no longer relevant. Resolutions one through six have been duly passed by the company as resolutions of members. A written report of the final count on the matters will be included in the meeting, in the minutes of the meeting. And with that, thank you everyone for attending the annual general meeting of Greenland Technologies Holding Corporation. This meeting is now officially concluded. Goodbye, and have a wonderful day. Thank you for attending today's presentation. You may now disconnect your lines and have a pleasant day.