Securities Times E Company News: Recently, Hesai Technology and Great Wall Motors held a strategic cooperation meeting in Baoding. Both parties have reached a consensus on the mass production cooperation of high-performance LiDAR, and will upgrade the technology cooperation on the basis of the existing AT128 LiDAR fixed-point. Several new passenger models under Great Wall Motors will be equipped with multiple ADAS LiDARs from Hesai, and are expected to be launched gradually this year. In addition, both parties plan to cooperate based on the ultra-high performance LiDAR technology under the new generation platform of Hesai, and jointly explore the forward-looking field of intelligent driving.