The spokesperson of CIFI said, "The increase in shareholding by the controlling shareholders and management reflects their strong confidence in CIFI's long-term development and room for future increase in stock price. In addition, facing the severe macroeconomic situation and volatility in risk appetite in the capital market, with the strive of the corporate team, coupled with the support of managements, they created excellent results in the open market. Looking ahead, CIFI will continue to lower the overall financing costs and strengthen the debt structure to implement prudent financial management and consolidate the leading position in the Chinese property market and generate encouraging return to our shareholders."