$MEITUAN-W (03690.HK)$ The core point of takeout is to fulfill the contract. Whether Douyin can do a good job is a question mark. After clearing customs, I went back to Shenzhen and experienced the Meituan app that had not been used for many years. The delivery was very timely, and it was even delivered earlier than expected. The experience was very smooth. Spending effort on infrastructure is a long process, and it's very expensive. Does Douyin want to lose money for this meager profit? It's not that I'm not optimistic that Douyin can do well, but I just want to say that Meituan's moat is still there and will even be stronger in the future. There aren't many opportunities for Meituan to plummet; it just depends on whether you can grasp it or not.