On May 24, news reported that CITIC Securities' latest research report stated that against the backdrop of a global decline in smartphone shipments, Apple's first-generation MR product is highly significant. The top-tier hardware specifications and a rich ecosystem of compatible content demonstrate its emphasis on and investment in the VR and AR markets. We are optimistic about the release of Apple's MR and the rapid development of AI technology, which will drive the VR and AR industry.