BYD Group Public Relations General Manager Li Yunfei responded in a statement, stating that in August 2022, Berkshire Hathaway began gradually reducing its holdings in the company, which it purchased in 2008. By June of last year, its stake had fallen below 5%. Stock investing involves buying and selling, which is a normal process. We thank Munger and Buffett for their recognition of BYD and for their investment, support, and companionship over the past 17 years. We applaud all those who embrace long-termism.