Good afternoon, everyone. Welcome to the 37th episode of the Long-Term Investment Red Book series. I'm your host, Yixing. Let's welcome the main host of the Red Book, Wang Lizong, a senior strategic researcher of the Long-Term Fund. Good afternoon, everyone. Before the show officially starts, we would like to give you a warning about the risks of this show. All the content of this show only represents the guests' personal opinions and does not constitute any investment suggestions. Any comments expressed ma ...