Short comment by Blair Chen, Deputy Director of the Family Wealth Management Center of INERI:

First of all, I very much agree that fraud has no future. But let me talk about some other points: I read the short selling report and did not make any comments in the quantitative analysis because I didn't make FC, but I can't fully agree with the statement about the business model. Others have risen to an overall blow to the concept of Made in China and China Concept Stock. If you are not driven by this tune of certain racial superiority, you will not easily fall into this clumsy thinking trap. A brief look at the company's daily operations and capital operations team is obviously an international background. The biggest scandal in the US stock market is not Chinese companies, but Enron and Lehman. Under the framework of business discourse, using economic thinking to interpret, don’t always look at everything from the perspective of God, and harden the logic of two heterogeneous narrative frameworks. If you tell the truth a thousand times, it will become a stereotype. For stereotypes, humans often just default and not think. Save yourself three times a day.