At Vanke's 2023 performance conference held today, Yu Liang, chairman of the board of directors of Vanke Group, said that the current judgment on the ongoing market adjustment has not changed; in terms of policy, policies in cities including Beijingguang have been adjusted recently. These policy loosening was the strongest since 2011, more than any previous year, including mortgage interest rates falling to their lowest level in nearly 10 years. It is expected that the effects of the policy will slowly show, and the market will gradually recover.