$LEAPMOTOR(09863.HK)The automotive industry market believes that 2026 will be a year of contraction. I think Leapmotor can easily achieve 900,000 vehicles in 2026, and the stock price should remain cold for a while, but it should climb in the third quarter. If the company has excellent quality and competitiveness, and if we are not mistaken, from a value investment perspective, when the market treats it coldly, it is actually a good time to add positions when you have money, and wait to sell when the market becomes too overheated. This is also a way to profit from value investing! Buy when the market is pessimistic and cold (undervalued), and sell when it's too hot (overvalued). You need to endure some paper losses for a while and be patient!