After the earnings report was released at the end of February, I intermittently sold one-third of my Li Auto position. The overall Li Auto position has decreased from over 80% at the end of June last year to the latest 35%, with the number of shares exactly halved. From July last year to now, the average selling price of Li Auto was just over $40. It seemed wise to avoid the recent sharp drop, but at the time, I had no idea that there would be a big decline later. I still had great confidence in Mega's monthly sales exceeding 5,000 units and was even optimistic that the stock price would break through to a new high of $50. The reason for the significant reduction in position...