Regarding the price war, Lei Jun also responded to Sina Technology and others after the press conference. He said that the price war in the mobile phone industry itself is fierce. Xiaomi is the price leader from small to large, and Xiaomi Auto is not afraid of price wars. He also emphasized that Xiaomi's cash reserves increased by RMB 30 billion after announcing the creation of the car, and it has sufficient cash reserves to cope with any fierce competition in the next five years.