At the performance conference, Wang, executive director and senior vice president of Midea Real Estate, said that Midea Real Estate adheres to credit empowerment, relies on Midea's holding background, inherits Midea's brand reputation and "long-lasting" cultural genes, and combines its own steady operation to gather a large number of superior resources, practice lean management, and transform and upgrade to a smart and healthy life service provider with development resilience. Midea's real estate business income increased by 40% to 73.7 billion yuan, and its gross profit increased by 16% year-on-year to13.5 billion yuan; Core net profit increased by 14% year-on-year to 5.5 billion yuan, and core performance indicators maintained double-digit growth.