Zhejiang Shibao: Line-controlled steering has not yet been widely used in listed models

Regarding investors' questions about "What is the domestic market share of the company in the field of steer-by-wire, and what incremental benefits will the company have after the implementation of national standards?" Zhejiang Shibao responded on the interactive platform on June 25th that steer-by-wire has not been widely used in listed models yet. The company believes that the implementation of relevant standards will help the application of steer-by-wire in high-level autonomous driving vehicles. The company is a leading domestic steer-by-wire supplier and is currently working with several major customers on joint development projects.