Q3 DeepSeek has been a buzzword and surprised the world starting this year. AI technology has been deeply integrated with various industries around the world. What opportunities do you foresee for your business from AI technology? What's your view on China's ability to sustain innovation in breakthrough technologies in the coming years?

LYU: We will accelerate green-tech adoption by streamlining approvals for AI-driven water management pilots and incentivizing low-carbon solutions to develop scalable models for sustainable urban water ecosystems. We will strengthen innovation protections by enhancing intellectual property safeguards for environmental technologies, and establishing cross-border R&D platforms to attract global expertise and position China as a leader in green infrastructure. As a global water innovator, Xylem is uniquely positioned to address China's critical water challenges. Our China strategy drives sustainable water stewardship through tech-driven decarbonization solutions and intelligent resource management, accelerating local partnerships and service expansion to deliver integrated environmental governance, green infrastructure and circular water ecosystems.

BOZEC: Artificial intelligence technology is revolutionizing how we work and create, unlocking transformative opportunities across our business. For instance, one of our brand's past campaigns featured an AI-generated ambassador interacting with a human ambassador — a vivid illustration of how AI seamlessly integrates digital innovation with human creativity. Looking ahead, we are highly optimistic about China's ability to sustain innovation in breakthrough technologies. With robust investments in research and development, supportive government policies and a vibrant tech ecosystem, China is well positioned to remain a center of technological innovation. This dynamic environment provides our business with enhanced opportunities, from more personalized marketing and streamlined operations to deeper consumer engagement, ensuring that we continue to lead in this rapidly evolving digital landscape.

IWASAKI: For Epson, AI will bring vast opportunities to our business. Because there are a lot of advanced AI companies in China, we hope to collaborate with them to improve our products' value. We will utilize AI technology to optimize our products and services, enhancing user experience and satisfaction. China has demonstrated strong innovation capabilities and development potential in cutting-edge technologies such as AI. The Chinese government has always attached great importance to technological innovation and talent cultivation, providing a favorable development environment and policy support for tech firms. We believe that under China's technological innovation ecosystem, the country will continue to achieve tech innovation results in the coming years.

POON: Infineon powers AI from grid to core, supporting superior power density in AI servers, minimizing CO2 emissions, and advancing computing performance while reducing total cost of ownership. We aim to drive decarbonization and digitalization through sustainable AI infrastructure. AI will be a strong driver of revenue growth for Infineon's server business. Our power solutions for AI servers are booming, placing Infineon at the forefront of this growth trend. Business with all leading AI processor makers as well as hyperscalers using high-complexity custom accelerators will drive us to cross the 1 billion euro ($1.09 billion) revenue line for powering AI solutions within two years. As a leading semiconductor company, Infineon is well positioned to contribute to the market by improving energy-efficiency in AI servers and enabling green data centers.