Delta Electronics’ competitiveness and reputation are based on its expertise in energy management. It enables the company to offer energy-saving solutions that meet the standards of different industries and regions. The stringent requirements of telecommunications, server and data center applications are a perfect showcase of Delta’s gap. Together, they contribute about 30% of revenue. We believe data center business growth will be driven by accelerating data generation and upselling cooling, energy management and monitoring systems to existing enterprise customers. For telecom products, the deployment of 5G is expected to take years, as it requires 3 times more base stations than 4G. We believe Delta’s reputation should reassure data center customers of optimized energy usage; and reliability telecom customers in adverse conditions.