RATHNINDE: With 140 years of innovation experience, Johnson Controls actively responds to market needs and contributes to the advancement of new quality productive forces in various industries. We are deeply committed to R&D, investing significantly in developing cutting-edge solutions tailored to the evolving needs of key industries. Our end-to-end building solutions support growth sectors such as data centers, new energy and pharmaceuticals, empowering the facilities to meet demand for stable operations, energy saving and sustainability, which will ultimately advance new quality productive forces. We keep striving to establish and develop a local ecosystem for smart cities. Johnson Controls' partners are found throughout the entire industry chain, including Shanghai Electric, Alibaba and others. We have consistently and actively been establishing more partnership with local enterprises to drive sustainable development.

　　XIE: We are encouraged to see that the steel industry, a very traditional sector, is evolving into an increasingly high-end, intelligent and greener sector. In recent years, while continuously supplying high-quality iron ore products to China, we have developed innovative decarbonization solutions, such as iron ore briquettes, Tecnored, and Mega Hubs, to support the steel industry's green transition. Last year, we also donated $5.81 million to Central South University to establish a joint laboratory for low carbon and hydrogen metallurgy. This initiative is aimed at advancing fundamental theoretical research and the development of key technologies in hydrogen metallurgy and other cutting-edge metallurgical processes, thereby helping the Chinese steel sector accelerate the development of new quality productive forces.