A group member turned yesterday's tweet into an image—super clear. Yesterday, we went over the 'Introducing Broker + White Label Model' and the compliance history of two Chinese brokerages. What I really wanted to highlight is the evolution path at the bottom of the image. Building a compliance system for brokerages takes a long time. Even companies like Tiger and Futu took nearly seven to eight years from their inception to full compliance. It all requires time to settle.