On August 25th, Pinduoduo released its second-quarter financial report. During a conference call, Zhao Jiazhen, Executive Director and Co-CEO of Pinduoduo Group, stated that the e-commerce industry is currently experiencing a new round of fierce competition centered around new business models. Rather than focusing on short-term performance, Pinduoduo is more focused on investments that can generate long-term returns for the industry ecosystem. The company will continue to implement its "100 billion yuan support" strategy, investing substantial funds in improving user experience, optimizing merchant services, and promoting industry upgrades, focusing on building a win-win ecosystem for all parties. "We also hope that through our own efforts, we can guide the industry towards a more inclusive and open direction, continuously iterating and creating greater positive value for society," Zhao Jiazhen stated.