Now let's startThis presentation will be divided into three sections: PV products strategy, competitive strategy and Potential Inverter Suppliers from China.The North American PV market primarily consists of two segments: community solar and utility-scale solar. Different product strategies should be developed for each segmentThe market share of the North American photovoltaic market in terms of grid-connected capacity as of June twenty twenty-four is shown in the chart below. Based on the data, our key focus should be on the top two competitors with the highest market share, excluding Sungrow: P E, S M A, TMEIC, G EThis slide shows Company information Sungrow has the largest utility market share in North America and we already installed more than three hundred and seventy-five gigawatt solar inverters worldwide in more than one hundred and seventy countries PE just installed ninety-one gigawatt invertersWe have the largest inverter production factory including China factory india factory and Thailand factory additionally twenty-five gigawatt and thirty-five gigawatt hour are under the construction Comparaed with PE just thirty gigawatt existing capacity and twenty gigawatt is under the constructionThis slide shows product advantages analysis I used our products SG forty-four hundred to compare with HEM FS forty-two hundred our product has less power consumption higher temperature performance and can withstand harsher ambient whether conditions we also provide both PV and ESS integrated systemThis is the key advantage for our product we used the modular design this design is convenient for our customer to do the maintenance and replacement for the PE in case of irreparable failure, the whole unit needs to be replaced, thus it is so troublesome.As I mentioned before Sungrow can provide Integrated PV and ESS solution this ensure reliability and easy for future troubleshooting We already have more than one thousand ESS application cases and one gigawatt hour DC-coupled deployed worldwide, PE just can provide the inverter and DCDC converterS M A is another competitor we need pay great attention to, from the perspective of the company we have great advantages, SMA installed one hundred and twenty-five gigawatt solar inverters and P C S worldwide totally and take less than twenty percent market share in the US in twenty twenty-fourS M A has limited production capabilty, just twenty-one gigawatt in GermanyCompared with S M A product M V P S forty-four hundred, our product has higher performance, like the advantages compared with PE productS M A product design is the same as the P E, they are traditional designSMA also cannot provide the batteryThe competition from Chinese competitors in the NA PV market is not strong but they pose potential risks. anyway, in terms of inverter maintainability, company bankability, and service team size, we have a clear advantage.Thank you for your listening