Congratulations to HashKey for finally coming to the stage of ringing the bell after so many years of hard work. Domestic policies on Crypto are becoming increasingly strict, and it is definitely a bit excessive to go public at this time. It can also be considered as leaving us with a spark. I see that the Financial Secretary of Hong Kong, the Chairman of the Hong Kong Stock Exchange, and the Chairman of the SFC have all attended the bell ringing ceremony. It is relatively rare for so many officials to appear at the bell ringing ceremony. To some extent, it is a public reassurance to everyone. Unfortunately, due to compliance reasons, the business that can be done is strictly restricted, especially the most profitable toC cannot be done, and can only gnaw on toB business. For example, bottom tier securities firms such as Guotai Junan use HashKey. So HashKey's position in the Hong Kong stock market is actually similar to Circle's position in the US stock market, as they cannot compare fundamental data such as revenue and market share, and can only rely on asset scarcity.