Arthur Porcari: I’m 100% agreement with you. That’s what I was hoping you were going to say. We understand — but the only ones we have, like I said, we had to find out on our own, those do an individual investigation in the past. But if they don’t want to say who they are, why can’t we do something and just put out on the website, for example, just put on there the total number of chains — if you can’t name the chains, just put total number of chains, a total number of stores that have been increased to a certain level, just something like that. But anyway, look, I think you’re doing a great, great job with Lowe’s at all. You’re doing a terrible job in getting the stock information out. It’s got to be an ultimate embarrassment.
You’ve been trading under cash in the bank and half a book value for two years now. And in the meantime, you added Lowe’s and Walmart and Marcus Lemonis’ company, I mean, there are big companies. And somehow, if you just put up — that you passed 20,000 vehicles made or 30,000 vehicles made. It just or just generically, if you put out and say we’re now up to 12 chains. You don’t even have to name them, something like that. Just stay in touch with the public. We haven’t had a press release since November, okay? And no new product one. I mean, Johnny tied this his own press releases, for Kandi America, but they’re dedicated to the trade journals. They don’t necessarily show up on the Wall Street tickers. Okay. I’m done. Thank you very much. It can only go up from here.
Arthur Porcari: Yes. Thank you for your opinion. Thank you for your support.
Operator: Our next question comes from the line of [indiscernible] Private Investor.
Unidentified Analyst: Well, yes, good evening to those of you in China. I have two quick questions, is a Dutch auction still under active consideration? I didn’t quite understand the answer that was given to Art. My second question, take care of the first one.
Xiaoming Hu: Currently, we did not adopt the Dutch auction for the shares buyback. However, the company is undergoing the share buyback process. For more detailed information, please refer to our 10-K disclosure.
Unidentified Analyst: And my second question, I, along with many of the long-time shareholders, invested in the company due to the electric car business. Do you have any plans to reintroduce the electric cars, perhaps with quick battery exchange in the future?
Xiaoming Hu: Currently, because of the market in China being too competitive, is unhealthy for the EV industry. That’s why we shift our focus to the electric off-road vehicle series for a better return in terms of the — from the financial perspective. But definitely, like in the EV products, the battery charging, we are working on it at the current, but — and we’ll see and assess the market when the time is right, we will end in a more active approach.
Unidentified Analyst: Thank you.
Operator: Our next question comes from the line of [indiscernible] Private Investor. Please proceed with your question.
Unidentified Analyst: Thanks. For almost two years now, I’ve been tracking on a daily basis, seven days a week using U.S. import data, Kandi shipping container imports coming into U.S. ports and compiling various cargo information from the accompanying bills of lading, I received the data within 24 hours of port arrival. So I’ve got some questions relating to your imports so I can gain a greater understanding. Kewa, can you go ahead and translate that? Whether those containers arrive at the ports of Houston, Los Angeles or Long Beach, SC Autosports is listed as the recipient on the bills of lading. Do you ship any product to the United States from China that does not bear SC Autosports name on the of bills lading, that is, is any product sent directly to a U.S. or Canadian customer from China? Regarding the latter, if so, are those contents fully or partially assembled?
Kewa Luo: I’m sorry, can you repeat. My understanding as you said, you have seen, we shift a container to Houston, Los Angeles and the Texas and what’s the second part?
Unidentified Analyst: Okay. My question is, all the containers that arrive at any of those ports are shifted to SC Autosports without regard to whether it’s Houston, L.A. or Long Beach. I want to know, does Kandi ship any containers directly to a U.S. or Canadian customer outside of SC Autosports directly? And if so, are those contents in those containers fully or partially assembled. That’s my question.
Xiaoming Hu: So there’s no direct delivery from our China base to those end customers. We have two sample points in U.S. One is the primary point in our Dallas base where our SC Autosports subsidiary is located. There’s another sample point in Los Angeles. So once the products assemble, we will then ship the end products to the dealerships for them to deliver to the customers.
Unidentified Analyst: Okay. So you have some kind of receiving or distribution facility in L.A., but not in Long Beach. So when containers arrive there, are those all sent to your Dallas facility before arriving at your customer’s location or they ship directly to a customer location, for example, from the L.A. port?
Kewa Luo: I’m sorry, can you repeat one more time?
Unidentified Analyst: Right. Alan said that you have some kind of a receiving distribution facility at the Los Angeles port apparently not at Long Beach or in Houston.
Xiaoming Hu: I think there was a confusion. I think what the Chairman meant in California, Los Angeles, he meant Long Beach, he just doesn’t know the exact city name.
Unidentified Analyst: Okay. So let me see if I can understand this. So if containers arrive in Long Beach, those are not — those are not sent either by rail or by truck to Texas. Those are sent directly to customer locations.
