On October 14, Geely Holding Group issued a statement supporting the consensus reached during the second meeting of the China-EU Trade and Investment Consultative Mechanism. Specifically, Geely welcomed and supported the positive outcomes of the meeting, commending both sides for their efforts in resolving automotive trade disputes through intensive negotiations based on principles of mutual respect and equal consultation. Geely also supported the principles of mutual respect, non-discrimination, and compliance agreed upon by both parties regarding hybrid vehicle trade. The consensus, grounded in practical trade realities, is mutually beneficial and takes into account the reasonable concerns of both sides' industries, creating positive conditions for deepening mutual cooperation in the automotive sector between China and Europe. We believe that, within the framework of the World Trade Organization, resolving disputes through dialogue and consultation, and promoting development through fair competition, is in the best interests of both Chinese and European enterprises and their consumers. A stable, predictable, and sustainable trade and investment environment is a crucial foundation for long-term business operations and cooperation. The results of this meeting help prevent trade frictions from escalating and stabilizing market expectations, boosting confidence in participation in China-EU economic and trade cooperation. We look forward to the consensus being implemented steadily, providing strong support for both sides' automotive trade and industrial cooperation. Geely Holding Group will continue to uphold open cooperation and legal compliance, innovating and providing high-quality products and services to consumers. We will actively expand cooperation with European industrial partners to maintain the stability of the automotive supply chain and promote green and sustainable development in the automotive industry, contributing positively to the healthy development of China-EU economic and trade relations.