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"three to five years is like a century for the internet..." this statement is not groundless, but a profound insight into the development of science and technology. in the era of artificial intelligence, everything is in its infancy, with opportunities and challenges coexisting, but the founder of alibaba has firmly stood on the other side of the times and embraced the future with action.

this is exactly the belief that jack ma has been adhering to for many years. although he is no longer directly involved in management, as the soul of the founder, he still stands up at critical moments in the company's development to answer questions and encourage employees.

at the beginning of this year, jack ma and joseph tsai jointly increased their holdings of alibaba shares, reflecting their confidence in alibaba's future development. this is not only an investment behavior, but also a trust and expectation for alibaba's future.

from the adjustment of hong kong stock connect to the announcement of the state administration for market regulation, we have witnessed alibaba's transformation and upgrading and the continuous improvement of its market competitiveness. southbound funds will purchase alibaba and other stocks through hong kong stock connect, which will bring new development opportunities for the company.

the "1+6+n" organizational reform allows each business group and company to independently raise funds or go public under appropriate circumstances. zhang yong's retirement, wu yongming's succession as alibaba group ceo, and the rotation of taobao ceo all demonstrate alibaba's reform and exploration.

starting from a new starting point, alibaba has begun to explore the future. it will continue to uphold innovation, adhere to compliant operations, increase investment in science and technology, promote the healthy development of the platform economy, and create more value for society.