This formal approval now extends the successful 20-year partnership between NN, Inc. and Weifu, a Chinese publicly traded company, on an ongoing basis. NN has more than $200 million of profitable sales across its three China businesses, which is our largest global automotive market. The Joint Venture Is a key supplier to all major OEMs in China, including BYD. Paul Wang, NN’s President of APAC operations serves as the General Manager of the Joint Venture, reporting to Harold Bevis, CEO of NN. Harold Bevis and NN’s Chief Operating Officer, Tim French, both serve on the Board of Directors of the Joint Venture company.