In 2023, the Company adhered to the innovation-driven development strategy and focused on exploring technological directions with commercial value and industry influence. We focused on the forefront of science and technology leading the smart transformation, cooperated with well-known enterprises and scientific research institutions, and strengthened research in the fields such as intelligent power generation business and digitalization of key links. 62 new scientific research projects were approved in the year, and R&D investment increased by 73.3% year on year. We focused on overcoming industry problems in energy development, researched and selected multi-technology routes, as well as made efforts to solve problems in more than 10 major scientific research projects such as large-span flexible supports and grid-type energy storage. We emphasized meeting the demand for competent personnel in scientific and technological innovation, enhanced the training and introduction of industry experts and core personnel, and orderly improved the research and development capacity, making contributions in obtaining goods effects in major scientific research projects.