Good afternoon, everyone. Welcome to our winter hot spot program. Today, we are honored to invite Mr. Yu Jincheng, a climate analyst from the Nanhuai Research Institute. Recently, there has been a lot of fluctuation in the price of emergencies, and the trend is not very optimistic. So today, let's invite Mr. Yu to share with us how we should look at this market. Okay, my question is, in addition to the rising price of new goods, why is the price of emergencies falling again and again? But in fact, from the ...