income from operations is gross profit less Japan's industrial standard, JISK 0101, defines a car as a vehicle equipped with an engine and a control device that can still drive on land without a fixed orbit or overhead line. To avoid huge core technology in the form with the original electronic chemical materials business competition, the company also announced the proposed wholly owned subsidiary of zhejiang KaiSheng fluorine chemical 100% equity and zhejiang borui electronic science and technology of 100% equity as a target for public stock transfer, the listed price is RMB 940 million. And originally borui company and responsible for implementing the 2016 KaiSheng non-public stock high purity electronic gas project (phase 1, 2), and fluoride special gas project will be sold with borui company equity transfer at the same time, the company will the three offering investment project has been used and the rest of the fund-raising (through borui back after the company equity transfer and interest) added $1.09 billion permanent JuHua stock liquidity. By transferring ownership and control of data, the entire society's passive consumers will be active participants. With the tools to audit the supply chain, labor security, fair trading, and organic production will all be validated. We can replace advertising terms with proof and replace trust with auditability. The correlation between optimal spending budget and effective activity-based costing is very important to sound business strategic options designed to maximize the wealth producing capacity from the enterprise. In these series on effective cost assignment and optimal cash strategy, we're going to focus on the pertinent strategic cost questions and proffer some operational guidance.