On February 18th, He Xiaopeng, Chairman of Xiaopeng Motors, released an internal public letter stating that this year marks the first year of accumulation and explosion of Xiaopeng's product and technology platform. About 30 new products or facelifts planned within 3 years; In 2024, we will invest more manpower (recruiting about 4000 people) and invest over 40% of our R&D budget year-on-year, striving for tomorrow. Starting from this month, we will be based on the new Xiaopeng Product Development System (XPD), which is the full lifecycle product development management system V1.0 with Xiaopeng's unique features. With a more advanced and efficient full process system, we will help the company achieve greater success.