$SENSETIME-W(00020.HK) Let's talk about SenseTime's accounts receivable issue. Due to the special nature of SenseTime's clients (local governments), everyone has witnessed the 2023 real estate situation. The clients' major funding sources were cut off, naturally making it hard for them to pay. However, inability to pay doesn't mean refusal to pay (the annual report also mentioned delays). With the operation of Chinese-style QE, clients' cash flow will improve, and this could be reflected as early as the interim report. Additionally, SenseTime has the backing of the central government. From being sanctioned by the U.S. to the recent China-Germany economic meeting, there are clear signs. Many are concerned about SenseTime's cash flow, but as long as the central government wants, it can secure as much low-interest or interest-free loans as needed.