In 2023, in the face of the tough external environment of the significantly increased domestic chemicals supply and narrowed chemical margins, the Company optimised the structure of feedstock, facilities and products, maintained high utilisation rate in profitable facilities such as aromatics and EVA, and reduced production or shut down units of products with no marginal contribution, thus responding to market demand. We reinforced cost control to bring down cost throughout the chemical value chain. Integration of production, marketing, research and application was further cemented to steadily increase the proportion of high value-added products. Annual ethylene production was 14.31 million tonnes. We actively explored domestic and global market, international business volume grew rapidly. Total chemical sales volume reached 83 million tonnes, up by 1.7%.