Today, our Shanghai office plays an active role in providing liquidity and supporting price discovery across major mainland exchanges, trading futures, options and equities. Commodities are a core focus as we provide liquidity to over 100 commodity products, helping connect domestic markets with offshore pricing. This requires combining fundamental commodities knowledge with quantitative and machine learning techniques to price and manage risk across both short- and long-term expiry contracts. AI and machine learning is applied to our day-to-day work, shaping how we analyse data to enhance trading performance and strengthen risk control within our daily operations.