On behalf of ZhongYuan Import and Export Group Co., Ltd., the organizer of the "Double Zone Linkage" and the inaugural ceremony of China's second-hand automobile export to Egypt between Tianjin Port Free Trade Zone and TEDA Cooperation Zone, I would like to extend a sincere welcome to all leaders and colleagues in the industry.
    In recent years, with the promotion of the national "the Belt and Road" initiative, China's import and export trade has entered a new stage of development. Most of the countries along the "the Belt and Road" are new economies and developing countries, which are generally in the rising stage of economic development, and have huge market demand for used cars with high cost performance. At the same time, the number of second-hand cars in China is huge. This domestic and foreign market situation provides a broad market and opportunity for China's second-hand car export trade.
    As a subsidiary of the Zhongjun Junhong Group that focuses on import and export trade, ZhongYuan Group has comprehensively explored the international trade of second-hand cars since 2017. We have successfully established overseas second-hand car trading companies with Dubai as the trading center in the Middle East, covering a number of African countries. Over the past few years, our company has exported several batches of second-hand cars from Dubai to other countries in Africa.
    With the promotion of China's second-hand car export policy, taking this opportunity, ZhongYuan Group can cooperate with outstanding enterprises such as China Africa Taida and Huaxing North. Our company will take this strategic cooperation as a starting point, take Egypt as a transit station for domestic second-hand car export business, establish a new second-hand car export model integrating products, finance, and services, fully leverage the advantages of domestic and foreign cooperation platforms, and assist the development of second-hand car trade, Make our own efforts to enhance the international competitiveness of China's second-hand car export business.
    At the same time, our company is willing to strengthen contacts and in-depth cooperation with other second-hand car pilot enterprises and international trade institutions in other fields, actively empowering the development of China's import and export trade.