WeWork China: The significant strategic restructuring decision made by WeWork in the United States and Canada is not related to WeWork China. According to official WeWork news, the significant strategic restructuring decision made by WeWork in the United States and Canada today is not related to WeWork China. The statement states that WeWork China separated from WeWork as early as the end of 2020. WeWork China is an independent brand and has now become an enterprise focused on providing high-quality flexible office space and comprehensive office services in the Chinese market. We have independent operational and management capabilities, rather than being a subsidiary or subsidiary of WeWork, and will not participate in the ongoing strategic restructuring process in the United States and Canada. Therefore, any operational situation in other regions of WeWork globally will not have any impact on WeWork China.