On June 18, the 22th 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 2025 was released. Our brand "Jiusan" was ranked 156th on the list of "China's 500 Most Valuable Brands" for the 17th consecutive year, with a brand value of RMB 81.706 billion which increased by 11.5% year on year.