On June 15, the 20th 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 2023 was released. Our brand "Jiusan" was ranked 158th on the list of "China's 500 Most Valuable Brands" for the 15th consecutive year, with a brand value of RMB 64.585 billion which increased by 12.27% year on year.