Our results validate the expectations we have when we acquired the business and reinforced our convictions that we have a model for ongoing profitability,

The acquired business has now been profitable for three consecutive quarters, in line with the board's expectations, although regional performance has varied.

With our integration of IBM's PC division on track and our organizational integration complete, we are accelerating our planning for our next phase of growth.

The above strategies have helped to improve the gross profit of the group and helped to maintain average selling prices of products, further consolidating the group's leading position in the market.

We are all here in China that represents quite a lot of opportunities, not only on the business side, but also on the social side,

We are also working closely with our business partners to exceed customer expectations across our consumer, business and wholesale segments.