In 2024, in the face of the tough external environment of the newly added domestic chemicals supply and narrowed chemical margin, the Company closely followed market demand, further optimised operation and slashed costs and expenses. The Company optimised the structure of feedstock, facilities and products, and maintained high utilisation rate in profitable facilities such as aromatics, with a focus on efficiency, thus achieving a new historical high in PX production. We continued to diversify feedstock to bring down costs and raise the ratio of high-value-added products steadily. In 2024, ethylene production was 13.47 million tonnes. By strengthening strategic client cooperation and providing tailor-made product services, as well as actively exploring domestic and global market, total chemical sales volume reached 83.45 million tonnes, up by 0.5%, with export volume up by 13.1%.