Xiangpiaopiao recently stated during an institutional survey that in the third quarter of 2024, the ready-to-drink business is transitioning from the peak season to a slower phase. The sales feedback for Meco's fresh fruit tea offline is good, while the frozen lemon tea still requires time for accumulation and observation. The milk tea business is at the market's starting point, and the company is fully ensuring the healthy inventory of channels. With the arrival of the peak season, the rhythm of the milk tea business will gradually accelerate. The company's channels, dealers, and production end are all preparing for the arrival of the peak season for milk tea. The company is communicating fully with dealers, monitoring the inventory status at the channel end, and providing support to dealers, helping them with the market launch work. Currently, the relevant preparations are all progressing in an orderly manner.