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Operator: Ladies and gentlemen, welcome to Xiaomi's 2026 Interim Results Announcement Investor Conference Call and audio webcast. Today's conference is being recorded. If you object, you may disconnect at this time. [Operator Instructions] Now I'd like to hand the conference over to your host today, Ms. Isabella Gao from Group Investor Relations and Capital Markets Department. Please go ahead.
Unknown Executive: Good evening, ladies and gentlemen. Welcome to the investor conference call and audio webcast hosted by Xiaomi Corporation regarding the company's 2026 interim results. Before we start the call, we'd like to remind you that this call may include forward-looking statements, which are underlined by a number of risks and uncertainties and may not be realized in the future for various reasons. Information about general market conditions comes from a variety of sources outside of Xiaomi. This presentation also contains some unaudited non-IFRS financial measures that should be considered in addition to, but not as a substitute for the company's financials prepared in accordance with IFRS. Joining us on the conference today are Mr. William Lu, Partner and President of Xiaomi Corporation; and Mr. Alain Lam, Vice President and CFO of Xiaomi Corporation. To start, Mr. Lu will share recent strategic and business updates of the company. Thereafter, Mr. Lam will review the company's financial performance in the first half of 2026. Following that, we'll move on to the Q&A session. I will now turn the call over to Mr. Lu.
Weibing Lu: Good evening, everyone. Thank you for joining our Q2 2026 results announcement call. In Q2 of 2026, external environment remains challenging with the cost of core components such as memory remaining high, consumer market demand still recovering slowly and industry competition becoming more intense. Tonight, I will take this opportunity to share with you about 3 aspects. First, a review of our key performance results for Q2 2026. Second, we will share our latest advancements in the fields of AI and embodied robots. Third, we will look at our strategic development direction and business focus for the next few quarters. First, in Q2 2026, the group's total revenue was RMB 108.9 billion. Adjusted net profit was RMB 6.2 billion. Looking at different business segments, first, smartphone. In Q2, we proactively optimized our product structure and increased selling prices, resulting in a record high ASP for smartphones. Although smartphone shipment declined, according to Omdia data, we maintained our position among the top 3 globally in Q2 of 2026, marking the 24th consecutive quarter that we have ranked among the top 3 globally in market share. In Q2 2026, we ranked among top 3 in smartphone shipments in 53 countries and regions worldwide and among top 5 in smartphone shipment in 67 countries and regions worldwide. Our smartphone shipment ranked second in Southeast Asia, Latin America and Middle East with market share of 19.3%, …