 Hi, Mr. Chabaks, I'm Fenghua Li from WQ, I'm in Shenzhen now. Nice, and you have for example right here some smart sunglasses that can get the shade turned on with touching, right? Yes, those are our liquid crystal film based switchable sunglasses and it has attracted a lot of interest in the market. And we can make small films and large films from sunglasses to automotive switchable glazing window and also logicize for an architectural window for the buildings. All right, and Ethan, hi. So, especially for the automotive, the dies only. I'm switching over to the other video you have that showing, what is the show here? It's showing some big buildings. It's from California City of Valley. Yeah, good to see you. So what Dr. Li means by dazzling is that it's not that you touch the glasses, they're actually automatic. So you see these guys, they're driving and the LC material can work in the car. You see that it's automatically tints the window, which is super awesome. Right now it's either your windows are very dark tinted or they're not, you see here it's completely adaptive. So you can have that an automotive market, you just flip a switch somewhere and boom, it becomes dark? Exactly, exactly. And this is not something where there's some metallic stuff happening in a window that takes a minute, right? It's just instant. You click LCD based, right? Exactly, like you see this guy now he's putting on these glasses and you don't even need to touch anything. There's no switch as it senses light, it can switch in under 0.1 seconds. So you might have seen other types of glasses that take up to a minute. These are instantaneous switching, very smooth switching. So how's it going in terms of the sunglasses market, the automotive market and the buildings? Are you planning to cover whole buildings? Is it already happening? Yeah, so I think the building market is a major one. And that's something I think, Dr. Lee, you're probably focusing more on in China. They have more capability with all the new buildings to implement this type of thing. Yes, let me answer the question. That's our plan. All right. Yeah, so it's your plan to cover the whole building with a switch, dark, not dark. And it's just LCD. And how's the visibility through the window, the technology, compared to normal shade, compared to normal sunglasses? Is there no difference in terms of the optics and the visibility? Hopefully the sun comes through. So there's no, there's no haze. There's no like, you know, like milkiness or haze. It's very clear. Like you could see in the video when you turn it on. Yes, actually that's our advantage. The optical performance is great. Yeah, can you hear me? Yeah. Yeah, we hear you in the parliament. It looks like it's coming 10 seconds in late, the sound to you. But please, please go ahead as soon as you hear something, you can go ahead. It doesn't matter if we talk a little bit over each other. I was trying to talk. I don't know if you can hear me. Yeah, it's cool. Yeah, and Ethan, you can fill out. Okay. All right. So let me introduce our smart DEMI liquid crystal films. We can utilize those films into multiple industries from the sunglasses to the automotive, and also to the building architecture window, especially for the automotive. The diesel when driving is very severe issue. It's dangerous. It's distracting. It makes the driver very tired. So glazing automotive industry is the largest known utility area in the car to date. So with the desire of making the automotive, the driving step more easy. So there's a big demand to make the window more smart. And right now for the four electrical car, the sunroof, there's a trend. The sunroof does not have a blocking board. So some of the sun heat will go through the sunroof, makes the car very hot, which requires a new technology to help the all electrical car become more heat efficient. So our liquid crystal films are perfectly fit to the switchable sunroof. We can block the majority of the sun heat and also have the capability to switch the window, the sunroof window from very dark, less than 0.5% in terms of the transmittance to more than 30% in the invisible light transmittance. So we can park the car in the parking lot without electric voltage applied and the car still keeps it very cool. And when you're driving or you're driving the evening, you can open the window just by a click and then you can control the glass very clear. So smart dimming is a perfect demand for our liquid crystal films. And since 1980s, there are lots of smart technology for the dimming tried in the automotive industry. But those solutions are mostly based on the EC technologies, which is called electrochromic. And those technologies were already more than 30 years. And this EC technology has very severe drawbacks. It has a very dark blue color. The switch speed is quite slow. It takes more than 10 minutes or at least for large window, more than 30 minutes. And the optical appearance is OK, but they cannot achieve very dark state. It's very difficult to achieve less than 1% in terms of the transmittance. And the price is huge, more than $2,000 per square meter. And the industry has another technology called SPD, suspended particle device, which is a little bit better. But it also has a very deep blue color. When you see through the wind, the sunroof window, the entire sky in the dark state will be blueish. The cloud will be blueish. Everything is blueish. And it takes high voltage, more than 100 volts to switch the glass window based on SPD technology. The automotive industry is trying to look for new technology to get rid of all those drawbacks. And WQ developed the new switchable liquid crystal film technology for automotive industry, which is, right now I think it's perfectly fit for the glass window, for the sunroof, for the side window, for the windshield. For the sunroof, you have a new feature, less than 0.1 seconds to switch the glass window. And the color is totally neutral, neutral gray, perfectly to fit the passenger demand. The sky is very clear. There's not much haze, less than 1% haze. And the price is much lower in the electrochromic than the SPD technologies. And the other thing is the liquid crystal can do normally clear and normally dark. Without the voltage, the glass can be dark, also can be clear. And so for the sunroof, we choose normally dark. Without voltage holding, the window will be just dark. It doesn't consume any power. For the windshield, you need to feel safe. So without the power, the glass will be very clear, is safe. So at any circumstances, it will not affect the driving. So that's very important for the safety concern. And then for side window, you have to have very good color, very good speed. And you have a large dynamic range for the transmittance range from 10% to 55%. And you also can block the heat from the sun. And so the entire automotive industry is trying to make this trend as quick as possible. So the question for us is how long we can provide the product to the automotive glass companies. And also how expensive was the price for the glass. And it's going to be a big market for us. And our task right now is to build as many as possible production lines with a larger size to make films for the entire industry. We can equip our suitable liquid crystal film window to all kinds of car for luxury to meet the range to low cost or electrical cost for the near future. Nice. I wonder are you able to integrate it easily and a windshield on the car because it's going to be the top part only, right? Or it's not the whole windshield. And it's just like the part that could be like where you usually flip this thing down the sun cover in the car, right? And it's easy to integrate it nicely so it doesn't interfere at all with visibility in a normal mode compared to when you switch it on. And if I understand correctly, it's bi-stable as you say. Once it's switched on, does zero power need it to stay on? No, no, no. We are definitely not bi-stable. You can choose normally clear or either normally clear or normally dark. You can only choose one of those. For windshield, you definitely will choose normally clear at zero voltage, the window will be clear. So your question about how it can fit the irregular shape of the car window, especially for the large windshield and also sunroof. That's actually our advantage for our liquid crystal films because it's flexible and we developed a new technology to fit the film into two curved glasses. And it could be cylindrical shape, also could be 3D spherical shape or irregular curved shape. And we developed the nomination technology for our customers. And right now we are working quite a few large company in the automotive glass industry and make a demo car and plan for the new cars. So right now we think that's the trend. We are going to provide more films to our customers. And Martin, you just joined here. Hi, maybe you want to introduce yourself and maybe talk about something also. Right here I'm seeing it looks like it has more than one color. You can kind of have something that looks a little bit more blue and then switch to something red and then goes back to clear or how does it work? Okay, first let me introduce myself. I'm Martin Heinfelner. I'm with VQ since over a year. I'm representing Europe businesses and I've been to this industry since almost 10 years working on switchable solutions. And to try to jump into this multi-color solutions. I just would like to outline the feedback we get from the industries, especially from those who have evaluated a lot of those switchable technologies. They come back to me and tell me, look, this is really what we want. This is the first solution which we really want to present to our customers, especially from the automotive industry, is regarding this multi-color switchable solution. This is something on top which other solutions cannot do as well. For instance, if you take an electrochromic solution, first thing, it switches very slow. And the second thing is you're restricted and limited to one color. Here you have the chance to work on a pinkish color, greenish, blueish, anthracite and so on. So you have quite a large variation capability. And this also produces some fun factor. For instance, you do have some sunglasses, switchable sunglasses, which are switching in the same color as the car glasses are dimmed. So, you know, you can create a lot of new things and create defensive stuff, which generate some new emotional life with the up-to-now non-functional area we do have on the windows and the cars, as Van Gogh and Lee said at the beginning. So we see some large potential to completely change the market to get something new that we make functions out of a thing where we're just looking through transparently up-to-now. We get something more on that. So here I have one of your photos. It talks about 0.1 seconds switch time. So when it's fully sunny, you have one mode. When it's cloudy, you have another mode. Could you like have sunglasses that are more what you have an option to do blackish and then brownish and then maybe pinkish and then be like the star of the show where you kind of like push something and you have all these different colors, or is that maybe not necessary? Yeah, let me answer this, please. Martin, yes, let me answer this question. We also developed a new technology. Can switch color range from different colors from colorless to other colors. You can do from red, purple to blue, even to green, brown, and you can choose any color you want. It's continuously switching. It's also low voltage, very low haze. It's perfect for the sunglasses industry. And we are planning to launch those new products in the near future. And we also want to apply those technologies to the near-sighted glasses product. So because especially in China, there are more than 90% of the college students are near-sighted. And we have a huge demand from the market. People request those switcher color switch darkness capability to the glasses, to the near-sighted glasses. And we also made some prototypes, and then we're going to launch those near-sighted switcher colors, switcher darkness product, maybe the second half of 2021. We are based in Shenzhen and we have an entire glasses industry behind us. We are going to work with big players in this industry. We're trying to make very cool products, very cool glasses to the market. So we're trying to make very fancy designs, very fancy designs, very fancy shapes, and you can switch colors. Especially for the young girls, when they do selfie, they want to have their glasses with different colors, match their different colors for clothing. It's going to be very exciting for the customers. And it's also very exciting for us. So these glasses need power, right? Do you need to charge them? Right. The majority of customers request manual control. In the beginning, we only provide an automatic solution. But it turns out the majority of the customers, they try to show off the function just by controlling the sunglasses or the glasses lack. You can control the lens by manual function. And it will be cool when you have something to be controlled. So those glasses unfortunately will have to be charged in the evening every few days. But it's a cool product. People can survive with charging. But the good thing is when they're using it, the cool product is a very fancy way to show off yourself. It would be crazy if your sunglasses could charge with the sun and then keep charged somehow. They had a little solar panel on the side, maybe. Well, the current ones work this way. Like, you see this one here, the sensor here, the photonic sensor. So you don't need any kind of battery here. So when the sun hits it, it's getting dark. And then you can just basically, if I block off the sensor, it will change that brightness there. But you see, these ones have no, these are the current model, they have no battery at all. Nice. So it has integrated light sensor, integrated solar charge and just work forever. That's right. So that one has no need for charging. I have a battle demo. Go ahead. I have a battle demo. Can you see me? Yeah. Yes. Can you see me? The resolution is low. Yeah, it's a little bit low resolution. But let's see if you can stay steady, then maybe it'll adapt and increase. So with the sun, they go dark. Yeah. And when the sun goes away, it goes clear. See? Yeah. It's automatic. Is there a way to switch it manually or it has to be automatic with the sun? The light sensor. We can do it manually. So our new product will all be all you create with a manual function. You can control. And this one, this one is a mirror. Our customer wants to have a mirror type sunglasses. This mirror can be switched. Wow. How do you switch? Switch use this. So you can switch and use it just a manual control. Just apply voltage. And in this side, there's no mirror. Can you see? No mirror. Nice. And this side, you see mirror. So you can switch when you want to show your eyes to people. Right. That's a cool trick to have. You know, like there's all these amazing cars. I'm thinking like smart cars and, you know, like colorful style. All the cars want to be different. And it would be so refreshing to have the options to choose your mood and say, I'm in a pink mood right now and the sunroof becomes pink. And maybe you say I'm in a blue mood and it becomes blue or something like that. Depending on where you're driving, you could choose maybe. Yeah, I think we're going to demonstrate this demo car in Shenzhen with the window can change color from based on your mood. You can be purple. You can be blue. You can be red. You can be green. Black. Any color you want. Yeah, black. Also black. And then it would be a, and how, how is the degree of transparency? Can you have like 80, 50% transparency? How do you choose? Or is it opaque? Is there an option to be completely opaque? For opaque, you have to combine with other stuff, other films. But in the beginning, just color changing and with limited light transmittance. But I mean, for the color change, it only useful for side windows, right? For side window, you achieve 10% to 50%. That's good enough. So it might be that's one of the colors is more opaque than the other. When you have multiple colors. You talk about opaque means you don't want to people see you in the car, right? Or I mean like blocking out the sun completely or just blocking half of it or still being able to see through or not being able to see at all. That function, I think only, only required in the sunroof. So the sunroof block basically almost 90, 99% of the sunlight, the sun heat. But for side window, you don't have to block 90% of the sunlight. 10% goes through is fine. There's one comment here. Interesting. We'd like to check samples and discuss regarding how we can integrate with our product. How does it work with the potential partners and distributors, customers? They can buy already some stuff, some samples in the market right now. They just go on Amazon or something like that. Or how do they talk with you about doing the next gen, the next stuff? Right now we are focusing on the front market. We're actually working with automotive glass companies and with OEMs in Europe and in Asia. We have a very limited resource for the aftermarket and we only do demo cars. We have our representative in Silicon Valley, California, so they can contact Eastern. If they are in Europe, then they can contact our president in Europe, Dr. Martin Heinfeller. And we can collaborate together. But right now the demand is huge. We are making new production lines, trying to fulfill the demand from the industry, especially for the sunroofs. Right now the big demand is from the sunroof. And for color, side window, we have a few customers already made samples, so which color? Nice. And I guess another huge market is potentially these, right? There's all these people going around skiing and snowboarding and they want to have a switchable ski glasses, ski goggles. And you have those. Yeah, we actually got samples of some of the top snowboarders and skiers out here. And they went in Tahoe and they absolutely loved it. Because right now, if you want to get, you know, block out certain sort of conditions, they have one for, if it's overcast, they have one for if it's super bright, you have a purple pair. People have just different pairs of ski goggles. And now these professional skiers, snowboarders or just regular folks can have one, you know, ski goggle that's completely adaptive and it changes the skiing experience. Nice. Do you see like, for example, when they ski in very sunny conditions is one way. And when it's over clouded, over what you call it, semi cloud or fully cloudy, or if it's getting dark at night, they want to be clear and not change their glasses. Exactly. One of the issues and Dr. Lee mentioned before is the dazzling light. You know, if you're if you're flying over something and the sun just hits you right in the eyes, it'll dazzle you. It's a problem. And since these can react so quickly, you don't you don't run into that problem and you're actually safer. And also the build quality just for, you know, a pair of skiing goggles is very nice, wicking away the sweat. I mean, in general, just as a pair of ski goggles as well, they're very good. And here's the question. So we will see these glasses this year in the States. Right now. You can get them on Amazon. Yeah. You can get those in Amazon already. Nice. But can you can you get the one that's in this video right here that she's wearing? Yes. Yes. Available. It's already in the market. And this is what you know. I'm going to give you a link with a 30% off coupon for your viewers. Nice. We'll put that right here on the description after the live stream is over. We'll update the description with all the links that people can buy the ones that are available right now. But it's also a fascinating to hear where's the what's the roadmap and all the potential things that you're going to bring this technology to in the future. Because this how about in Europe? Is it available easily in Europe? Is it also Amazon or? We are not launching this in Europe yet. But maybe next month we are going to set it up in Amazon Europe. Nice. Then the happy toast can buy one in Germany next month. Maybe. Yes. You can count on Martin. Martin can arrange the sunglasses for you. The beauty of this new technology in the ski goggles and sunglasses. It has a stepless light switch function. So depending on the light condition from the sun. Sometimes it's very bright. Sometimes it's just cloudy. Sometimes it's very dark. And our goggles or sunglasses will just take the perfect lighting. Ideal lighting for your device, for your device, for the ski goggles and also the sunglasses. Because sometimes you just in the perfect lighting, you don't want to be very dark. You don't want to be very bright. And your eye actually doesn't, your eye actually do not feel the light changing. Because it gives you constant lighting. That's the beauty of these new technologies. And here's one comment just saying like this is the next TikTok wave incoming. Is it going to be one of these trendy things where people are going to show off that they have the coolest sunglasses or they have the coolest car. I wonder this idea of having multiple colors, for example, and changing the mood in the office. Let's say in all the office windows going pink at 4 p.m. and everybody's like, oh yeah, it's soon at 6 p.m. and it could go or something like that. Or it's Friday night, Friday evening, right? People love when it's Friday. It's different than when it's Monday. Yeah, somebody's battery is 80%. Yeah, it's awesome. Yeah, so what's the price difference in making multiple colors? What's the bomb difference? What's the price difference when you do the multiple color options? Or is it in theory potentially, is it affordable or do you have some prices? How would you say? Because for the color changing technology, it's not very mature. We only take this technology to the sunglasses market at least this year. And next year we are going to launch it into the automotive. So right now we don't have an exact number for the price, but the ballpark number for the price. It should be a little bit more expensive than the regular lighter changing, switchable glass film, but it's in the same range. A little more expensive, but not that crazy. How reliable is it going to be? Because these Boeing Dreamliders, they're really awesome. They have the, I guess, the electrochromic or what do you call it, the one that switch it, I think it takes like a minute. When you push the button and it takes a minute or something. Oh, many minutes, but it's very cool, right? And I guess if they put it in a Boeing, it means it's reliable for 10, 20 years, right? Or maybe more. Can you guarantee your technology is as reliable and as long life and it's not going to start, stop switching after a few hundreds of times or thousands of times or something? It's a good question for automotive industry. It's similar to the Boeing Dreamliner. For automotive industry, the product has to, at least, stay for more than 10 years. And so we did a lot of research, a lot of development. The product is very reliable. We took a lot of tests, like ball drop tests, like high-low temperature tests, like all those, some simulation tests. You park the car, although the whole year, you never change anything. It's the windows still working perfectly. And the sunlight still can be fully blocked for the sunroof. It's very tough to meet all those requirements, but I believe our product can be very reliable. And I already drive a car for almost one and a half year in Shenzhen. And my colleague, Martin, drives a car in Europe, survived in the winter, very cold temperature, minus 20 degrees C. In Shenzhen, every day it's like 33 degrees C in the outdoor. And never a problem. The technology is very reliable. And we are going to put those technologies to most of the car. Basically, every single car can have a chance to test these new technologies. Nice. Because it's really an advantage if you have less bulky things in the car. You don't need to have this physical thing that you cover your sunroof with. And you can just remove that. And so that removes the cost of that. The weight, the space, you have more space for your head than the car, right? If you don't have that thing, you can get up closer to the window just in case. That's an important factor, because you can save some three centimeters, a little bit more than an inch. And this is something very much appreciated and desired in the automotive industry. Because the countdown, especially car makers, like for the sports cars makers, they count every millimeter. They can save some space there in this area. They're happy with that. And it's important in terms of the mileage, even. I can't imagine how far you might go more. But even if you get to like, I don't know, half a mile more, maybe not. But I mean, especially electric cars, every gram matters nearly in the car. Exactly, exactly. That's correct. And as you said, those bulky manual shaders are not at all appreciated. And you know, you get disconnected with the outside. This is a psychological thing. If you remain connected with the outside world, then it gives you a different feeling. If you get to a feeling you're still there. While when you have a manual shader or something opaque, you don't see the outside world anymore. You feel something as somehow like being in a cage locked in. So this is what we can bypass with our solution. And if to the clients, not only about your feeling, it gives, let's say, an enhanced way of life that you appreciate your surrounding with the ideal dim light. I love the smart car and the Swatch Mercedes partnership. And they have the sunroof that I've seen that it's always dark because somehow it's too complicated to add the slider. So then it has to be dark all the time. And it's a little bit of a shame to not have the option to have a clear roof when you want it and then make it dark when you want to be protected from the sun. So have the option to go back and forward. It's a huge difference if people could have that instead of just having to forever be dark or forever have to use a slider that that scratches the top of your head in a little car. Exactly. I had that in my car when my kids were young. I decided to have all black windows wherever possible. It's good when you're exposed to a severe sunlight, but it doesn't make fun in the dark because you actually don't see anything outside. And when you back your car, you don't see properly what's behind. So you need cameras in your cars without the roof and work and so on. So, you know, dimming the light is always not only giving a better feeling. It's also regarding safety and a key factor. Is there any way to have a slider turn thing where you can go more and more and more dark, less and less and less dark, you know, like, or does it have to be fully switchable? No, you can dim it, you know, in gray levels. Upon your demand, you can do stepless dimming. This is one of our slogans that we are working on stepless dimming solutions, which others cannot do in the same way as we can do. Possibly you see something with electrochromic, but you wait eternities until it's switched and then it's switching very slow, the larger the surface is. So, you know, it's not useful for the users because you don't have a haptic response that you see immediately what's happening there. And we do have solutions to that. We are presenting this and selling it already to our clients. And the most important argument is safety, right? If you drive with the sun in your face, that's really bad. You don't see the cars coming. You see this one image where the driver is driving like this, and it's still that they like this, that you sometimes have to drive like this. And we are having solutions which are now evaluated, which are doing exactly what you need for that to create higher safety. I think it's going to be a crazy world when the cars are self-driving. Everybody's been waiting for 10 years and they're supposed to come. And Ethan, maybe your friends in the Silicon Valley, you can tell them to hurry up. But I'm joking. And in China also, maybe they'll come first, I guess. But these self-driving cars, maybe you want to, let's say when they work, you want to switch to cinema mode and then dark. And you want to watch this movie. You're in a car. You're not even looking out anymore. And you can maybe have the mirror part if you're like, let's say you're famous. And you don't want people to see you in the car. Then it's mirror, right? For them, they don't see anything inside. I guess a technology sounds like all these things are potentially part of that. Maybe it could be. Yeah, we do have patented solutions for all the applications you were just bringing up, which is really essential for the future that you can combine, for instance, an OLED screen with a window and thus make it useful as, let's say, a large video home. Nice. All right. So that's a lot of work for you. It's all cut out, right? In the future, you have a whole bunch of stuff to do. How soon do we have these full buildings, full of your tech? Are there any buildings like this in Shenzhen already? Not yet. Our large-sized film will be ready in the early next year. And then we can equip our liquid crystal films to the glass windows first in China. So we are very excited to do this because of the carbon neutrality, the new trend for the government. We have to reduce the energy consumption. So this technology to reduce the solar heat in the summer and create a better office space, better home is perfect for reducing this public consumption. And it says right here in your video, it says retrofitting the window. So you don't even need to change the whole window. How do you do that? Do you add another layer on top of the window? Yes, for the architectural window market, we're going to just do the retrofitting. We apply the film on the glass. So you already have the building, everything there, the glass window is already used for over 10 years, 20 years. We can just clean the glass window and put our liquid crystal films on top of it. And we're going to put some solar cells on the side. And then you can manually control the light transmittance of the window and make a smaller control of the entire building. What's the percentage potential power saving on power consumption of the air-conditioned systems in the big building when your technology is integrated? Are you able to say, hey, use our technology, you save 10%, 20% or what can you say? We did some rough calculation. If the entire building is equipped with our liquid crystal films, presumably the power consumption for air-conditioning will be reduced roughly 30%. That's 30%, that's huge. It becomes in a territory where the government says it's mandated technology. Everybody in the EU is talking about green tech. It's the most important thing, green tech, green tech, everybody is talking about it. So they need to put their money where their slogans are, right? Just to make it happen, buy it, right? Exactly. The best approach is to just reduce power consumption and then use that saving to equip the window with liquid crystal films. And not only save the power and then also you get a better environment to work in the office. You have more space to work in the office buildings and you have a better living room in your home, in your mansion, in your seaside house. And it's just perfect for everybody. Wherever there's a glass, our liquid crystal film can have some applications. Is there any kind of science in terms of wearing sunglasses actually healthier for you when it's very sunny? Because you want to protect your vision, protect your eyes and I guess it has maybe some, maybe it's not so natural. The cavemen didn't really go out in the sunlight and look up in the sun, right? I don't know if that makes any sense to say that. And then you also, when it gets cloudy and stuff, if it's too dark, maybe also your eyes are working too hard to try to see through the sunglasses. So you need them to become clear. Maybe that's also healthy. Right. The common sense told us our human beings are more used to the dark light environment. And so we think, especially in the sun, the UV light, the blue wavelengths will damage our eyes. So at least the small sunglasses will protect all those blue wavelengths and also UV wavelengths to damage our eyes. And also it gives you a better feeling in the bright sunlight environment. In the very bright sunlight, people are not comfortable. Right now we have a huge, huge request from the industry. Some customers from Japan request a baby crib, make the baby sleep even more comfortable. Use our switchable little piece of film for the baby crib. And there's a lot of applications you cannot imagine in the future. I guess it influences a lot the mood of humans. Like sometimes people say when you're about to go to sleep, you have to be more in the darkness. And when you wake up, you have to be more in the light. So you could have your windows instead of shades, instead of going and closing the shades before you go to sleep. And then in the morning, they should automatically be bright because then you want to wake up. And there's a whole this switching going on and it would be connected with the AI, the IoT and the smart home. And maybe Ethan, you can talk about this demo in the video there. Are you going around the Silicon Valley and talking with all these tech companies and saying, hey, the tech is available? Yeah, absolutely. Well, I mean, we just recently launched on Amazon. I think people are really loving it. These ones, these sort of more sports model are great for volleyball, baseball, any kind of, you know, sporting or hiking is really good. If you can imagine when you're walking, you're going under the tree branches and the sun just keeps kind of hitting you in the eyes and they can just adapt and switch. Also, the new version we have the Bluetooth connected glasses are wonderful because for me, I like them better than any kind of AirPods because you just put on these glasses. They already have the light switching, they're adaptive. But then you get a call, you just take the call and you don't have any weird things in your ears or big thing, you know, AirPods can fall out. They're just so great for, you know, taking calls, listening to music, and they also, you know, carry the light blocking technology. Are those the ones, the Bluetooth ones? Yeah, exactly. So you could see there, these ones have a battery, you can just charge them with these two charges. And then, you know, this video is a little bit long, but if you're able to go forward a bit, you'll see I charge them up, I take them outside and they work just like that. Yeah, there's the switching right there and you don't have to put anything in your ear. See, Dr. Lee is wearing them right now. They just kind of shoot the audio right into your ears. So it's got the sound integrated? Yeah, it's like a little slit so you don't have to put anything in your ears, it's just right there on the stock. Dr. Lee, could you go to the side so they could see how it looks from the side? Is it like the bone technology, what do you call it, going to the bone to do the sound? No, it's more like directional audio. Yeah, right there. Isn't that cool? No, not that. It's great. It goes right into your ear. And then the microphone is, because you see here, this video I did, I took all the audio through the glasses and I was outside, you know, the wind is blowing and the microphone picks it up perfectly. It's just like seamless effortless calling, amazing. Nice. So you can consider adding more and more smart stuff to the smart glasses. Could you even consider integrating your tech in combination with micro-display like a Google Glass? Because one of the things when you have the Google Glass is that you have to choose if you want to be with shades, without the shades. Maybe you could use your tech to make it, like, have the different modes and even potentially the different colors, but also have a micro-display in front and have all these other stuff. I guess potentially you could consider that. Dr. Lee, that's a good question for... Yeah, I think you're mute, Ethan. A little bit of lag. Yeah, we really work with some clients, mostly they are doing their AR devices and our... Can you hear me? Yes. Yeah, we hear you. Please go ahead. Sorry, there's just a 10-second light to Shenzhen, I think. The satellites are slow, but please continue. Yes, now I can hear. So the AR industry, they're trying to look for a... All right. So the AR industry is trying to find a solution for the lens to intelligently to block the background lighting or control the background lighting. So they combine our liquid crystal films onto the lens so they can locally to block the strong light and make the entire background is controllable. So you have a better virtual display in your eyesight. So right now we are working on quite a few AR clients. They will work on this. It's one way to do that. Can you explain a little bit more where that comes in in the AR application? Like where do you need to switch? Where do you need to make things darker or brighter or more transparent, less transparent in the AR application? I'm thinking like the glasses are... You're supposed to see what you're doing, but there's an area where the AR micro-display is maybe... And it's not covering the whole vision potentially. Or maybe it is a bigger and bigger part of the vision, but maybe you can describe a little bit more. Because for a virtual display in the vision, you want to show some display. Sometimes the background is very light, very bright, and that's not a very good view for the user. So you want to make the background darker or can be totally not affecting your display content. So they put our liquids or films onto the lens and can control the background darkness. So the user of the AR device can see a better display in the entire lens. So I guess in general, in this kind of technology, the key is match production. The key is getting to something that's great cost, that all your customers want to buy. All the partners that make cars want to buy. It's a no-brainer. It just needs to be really in mass volumes and stuff like that. Are you getting there? You know how you're going to get there? You have the whole thing planned out and you have the factories ready? Maybe you can make big quantities? Yes. It's not our main application. We focus on the automotive window market. We also the architectural building window and also the regular sunglasses and nearsighted glasses. Also our e-writer for the classroom may make a larger size of the riding board to replace the chalkboard. And AR devices is not our main application market. But we are able to work with them and provide our solution to the customers. Maybe you can show your riding board. Do you have it right there? Is it using CH LCD technology? Yes. We use course direct liquid crystal technologies to ride. Let me see. Right here. You can just use anything to ride. I can use my sunglasses to ride. It's very easy to ride. It's a bi-stable display. You can easily erase just a click of a button. It has a huge potential to replace the chalkboard in the classroom. And right now we are mass production those products. Right now we only have one color. We also have a partial erase. It's also a big market. Right now it has some customers in China in the classroom. Because 90% of the customers in China still use a chalkboard no matter how developed the city is. Basically in the classroom people will use three boards. In the middle is a small TV. It has a touch function. But on each side, left and right, use chalkboard. Our liquid crystal is trying to replace the chalkboard on the left and on the right. This is the typical setup in the Chinese classroom. We try to replace all those chalkboards in 10 years in China. It's a huge market. Is there a chance to do the color steric LCD technology with more white and black? Or maybe even the black and white combination? It's very challenging. We found a color-reddy board. So you can have all the colors. Not only red, green and blue. We have all the colors. So black and white is possible. White and black also is possible. Not only you can write, you can also display the writing in the past. So it's a new TV, it's a new display technology. Because the current TFT LCD has a backlight on the back. When the teacher writes on the TV in front of the TV very closely, the eye of the teacher will be affected. And the teacher will feel very tired after 10 minutes writing in front of the TV. So the new technology will be a reflective display. It will be full-color. And it's going to be more healthy to the teacher, to the user. So that's also a new trend in the education market to replace all the electronic devices for the industry. Is that also CH LCD or something else as a secret? Yes, it will be still based on color steric liquid crystal technology. They still use liquid crystal films. And the technology is more advanced than the ink technology. Because ink technology has a drawback. They only provide the black and white display. For colorful display, the brightness, the color saturation is very low. It's not that colorful. But for liquid crystal, CHLC based four-color display, the color is very vivid, very saturated. It's perfect for the classroom. Because in China, the government trying to avoid all the electronic devices in the classroom. To make the teaching environment more healthy. And the students have a lower rate of being nearsighted. But all the CHLCDs I've seen are always black with a greenish color. I hope you can find some power. You got a charge, maybe. That has a greenish on black. Is there any chance that you can, like you're saying full color is going to happen. And even like you compare it with ink. Does that mean that with CHLCD you'll be able to bring up any content you want digitally. Without having to like draw it in, you know, like right now is you draw the green stuff. And then you can delete it. But it would be possible to just display anything you want. Exactly. It will be a ready border with this function. There's a four-color display with more than 1000 colors. It's basically the same LCD display. You can show the four-color content. The only drawback is when you show the video. The video is very slow. And it's not a regular video type of display. It doesn't have a high frame rate. It's not high frame rate, right? Right, right. Very low refresher rate. Like one per second or you can say anything? You have to switch the entire screen. So just a page by page. So it's not going to be a good video type of display. One thing that... It's okay to have those. One thing that's important is when you write on a big board that your writing is not too small. So the kid at the back of the room can see what you're writing. You can just use a bigger pen and then it makes a bigger line. Right, right now the writing board just works like that. When you use a small tip, then the line will be very narrow. When you use a big, big tip, then you will have bigger trace. So when I just touch, it will be very, very narrow. But when you use bigger force, it's going to be a bigger line. So those are the hockey board for coaching. Nice. It's very popular in Europe. The thing that I really want to see on all of these CH LCD boards, even the smaller ones and the bigger ones, is for sure to have recording on all of them. Because let's say you have kids making amazing drawings and they push the button, it's gone. That's horrible. I want to record it forever, right? So do you have a way to record all these forever? And how do you record? Is it a smart pen or what do you use to record? Do you add another sensor on the screen too? We already have those type of smart writing boards. So you can save all your writings. The technology to create the recording could be different technologies. We can use the magnetic-electric technology. You have a smaller pen. The pen does not have to charge. And the writing is beautiful. The trace is very beautiful. Then you also have, like, we have a new partner. They are using the smart dots combined with a camera pen. The pen can recognize all your writings compared with the dot background, with the dot field. And it's a lower cost, but the trace is also beautiful. So those are the two main technologies for writing recording. So we are making those products. And also you can use IR Touching. But IR Touching, the problem is the writing recording, the trace is not very smart. The trace is not as perfect as your writing. But for the magnetic-electric type, the writing is beautiful. Just exactly the same as your writing on the board. Is it something similar to a Wacom Touch possible? Or is it one of those that you described? Or is it not one of those? Yes, exactly. The first step is actually first developed by Wacom. They are using magnetic type. But the drawback for that is a little more expensive. It can only work in the small tablet, small size. For a large size, more than 20 inch, you have to think about other technologies with a lower cost. And so you can totally record on the big school ones. You'll be able to record on all those. Right. For the school writing boards to replace the chalkboard, we run out using IR Touch because the cost is the lowest. The recording is not that bad. You can use smart software to make good corrections for the writing trace. It's good enough for the current demand, current spec from the education hardware companies. In terms of the films required to do the CH LCD and to do the switchable sunroofs in the cars, is it completely different? Or is both is LCD and potentially the same factory partners are making both? Or is the films are similar or not really? We combine different partners and combine different technologies together. We only focus on making films and nominate our film to the board and make the final product by combining all the technologies. All right. So thanks a lot. Thanks, Ethan, Martin. Thanks. Is there anything that we didn't cover in the interview that you think we should have talked about? I would just want to tell people that we just launched on Amazon. So if you're in the US, go to the WeQ store on Amazon and check out the glasses since they're ready now and I'll give you the link you can post. Nice. I'll do that. I'm looking forward to the smart cars and with all the partnerships you're doing in the car business and maybe the aftermarket. I see that, for example, smart cars have an aftermarket sunroof thing where people can just order the special sunroof and maybe they could order one with your tech and some kind of website that would be available to just switch it in their existing cars. Maybe that makes sense. I don't know. That'd be cool to see all this stuff coming. What do you think of Martin for the aftermarket? Oh, Martin, you're mute. It looks like you're mute. It sounds like maybe your sound kind of went... Yeah, I can't hear you, Martin. I can't hear you anyway. Yeah, maybe you can reconnect if you want, Martin. Yeah, so that's just a little idea. I don't know about the aftermarket or building in with the partners, what you're planning, but it's going to be interesting. My opinion for the aftermarket is very challenging. The Warium is not big. The customer feedback is not easy to feel satisfied. So it's not our focus, and we focus on the front market. Focus on working with automotive glass companies and also OEM customers. Nice, that's awesome. All right, so thanks a lot, and thanks for talking about all this technology, and it really could change the world. If we see this everywhere... Thank you. If you become like the big standard everybody wants to have, it's going to be thousands of kilometers by thousands of kilometers of film that you'll be shipping, right? If you become like the one that everybody wants to have. Yeah, right now we already like use every month more than 50,000 square meter films every month. So it's a lot of films we are making. So we are planning to construct a lot more production line in the near future. We are trying to make the production capability bigger to fulfill all the demand from the industry. Even some small demand in terms of the bigger market for the entire world. Even for the sunglasses, it's going to take a lot of production for us. Imagine how many people in this world are near-sighted. They need a solution in the outdoor. They want indoor high transmittance, outdoor switch to dark transmittance to make the glasses more smart. How about aftermarket for glasses? Does that make sense? I keep asking about aftermarket, but some kind of thing you add on top of the glasses. I don't think so. Yeah, I don't think so. For glasses aftermarket, it's not to make sense because everybody wants to buy a new pair. It's going to be new design, new fancy fashion one. Every year the sunglasses are changing for the trend. People want to have multiple sunglasses in their hands. It's going to be a consumer product. It's going to be available very soon for everybody. Martin, I think we can hear you now. I can hear you. Thanks a lot. Thanks everybody. Thank you very much. Thank you. Thanks everybody for watching. I think we just reached the feature film length. 74 minutes. I think it's good. She needs to be 76. Thanks a lot. Thanks everybody.