Operator: Thank you. Our next question comes from the line of Colin Rusch with Oppenheimer. Please proceed with your question.
Colin Rusch: Thanks so much guys. Could you give us a sense of how the shipping expenses are going to trend through the balance of the year and the full impact on the SG&A, if you think about the operating leverage as we go forward?
Shawn Qu: Yeah. Yan, do you want to comment on this question, the shipping expansion and its full impact on SG&A?
Yan Zhuang: Yes. So the shipping costs came down in Q2, and in Q3 is kind of stabilizing and some lines may go up, some lines — most are stabilizing. And we’re actually, as we mentioned — as I mentioned before, we’re signing long-term contracts to secure the shipping space at low cost. So we believe that our shipping cost will remain at a lower level. So we’re helping — continue to help on our SG&A.
Colin Rusch: Okay, I’ll take the rest offline. And then on the battery side, there’s an awful lot happening from a battery chemistry perspective, as well as pack design perspective. Can you talk about the cadence of evolution of your products and how much R&D or incremental design changes are being implemented right now and kind of evolution of that as you look at your pipeline or are you really locked in with chemistry and design on that pipeline at this point and R&D, product development is going to be ongoing and what future focus effort.
Shawn Qu: Yeah. As you know, we use the LFP batteries — mainly use the LFP batteries to strengthen (ph) our battery energy storage system. Our main product, the — our killer product right now is the 3 megawatt hour SolBank, and we are developing new products. Now, we are not releasing the new spec yet, but the new product will have much higher power density, but also much higher safety. And so, in terms of the chemistry, we believe in the lithium battery chemistry. So we’re not looking for any major change on the chemistry yet, but we are developing — design and develop new products.
Colin Rusch: Thanks so much, guys.
Shawn Qu: Thank you, Colin.
Operator: Thank you. [Operator Instructions] At this time, I’m not showing any other questions. I will turn the floor back to Canadian Solar’s CEO, Dr. Shawn Qu. Please go ahead.
Shawn Qu: Thank you and thank everyone for joining us today, and also for your continued support. If you have any other questions or would like to set up a call, please contact our Investor Relations team and have a great rest of the summer and take good care. Thank you.
Operator: Thank you. This concludes today’s conference call. You may disconnect your lines at this time. Thank you for your participation.
