Alibaba Group's financial results for the third quarter of fiscal year 2025 underscore the company's strategic advancements over the past year, marked by accelerated growth across its core businesses. The e-commerce segment witnessed heightened growth, while Alibaba Cloud's commercial revenue rebounded to double-digit increases. For six consecutive quarters, AI-related product revenue has sustained triple-digit growth. Alibaba Group CEO Wu Yongming emphasized that AI is poised to become a new growth driver for the company in the coming years. Alibaba Cloud adheres to an integrated "AI+Cloud" strategy, with AI consistently fueling the expansion of cloud services. The e-commerce sector broadly trends upwards, with Taobao and Tmall experiencing accelerated revenue growth, and international digital commerce revenue surging 32% year-over-year. Other internet platform businesses are also witnessing steady operational efficiency improvements, with the local life group reporting a 12% year-over-year revenue increase and significantly narrower losses, and the digital media and entertainment group witnessing an 8% year-over-year revenue uptick, alongside continued loss reduction. As Alibaba enters a new phase of development, it will intensify its focus on technology and consumption. With the dawn of a new AI technology cycle, the company anticipates continually unlocking fresh growth opportunities.