Thank you very much, Mr. Spicer, for your opening remarks.
Colleagues, in light of the hard landing we have at 5:30, we have time for only one round, but I am able to add a bit more time for each questioner. That takes us probably up to about seven minutes per questioner. Feel free to share time with colleagues as you see fit.
The first round of questions goes to Mr. Chong, for up to seven minutes, please.