On July 26, the 19th World Brand and China's 500 Most Valuable Brands Conference, hosted by the World Brand Lab, was held in Beijing. At the conference, the report of China's 500 Most Valuable Brands for 2022 was released. Our brand "Jiusan" was ranked 160th on the list of "China's 500 Most Valuable Brands" for the 14th consecutive year, with a brand value of RMB 57.527 billion which increased by 13% year on year.