Dear all:

Happy New Year.

The first thing to do after crossing the New Year is accounting. Summarize the previous year's trends, positions, gains and losses all at once. Once settled, you face a blank sheet—2026's chart is being generated. I want to talk to everyone about a few things truly worth "heavy holdings."

**First, health.** This is the most easily overlooked bottom line. No matter how many zeros are in your account, if your body collapses, it's all bubbles. In the new year, increase your focus on sleep, diet, and exercise to the same intensity as monitoring the market. Your body is your strongest moat—without it, any excess returns are meaningless.

**Next, learning.** The market is changing, the trends are shifting, but core judgment comes from continuous input. It's not about chasing hot topics, but systematically enriching your mind like building an investment portfolio—reading books, learning new things, chatting with experts. These investments that seem to have no immediate feedback can suddenly pay off at a critical moment, often beyond expectations.

**Finally, companionship.** The company of family, friends, and loved ones is the most stable "cash flow" in life. It doesn't fluctuate like trading, but it provides continuous support during your toughest times. Spend some time with them; the return on this investment is outrageously high.

In 2026, the market will surely still fluctuate, and black swans may still be waiting somewhere. But isn't true wealth just account figures plus inner composure, plus the companionship of those around you?

May you all in this year:

Have clear strategies, execute fiercely; control risks well, and achieve gains; more importantly, fill your heart, and let your days be warm.

New Year, new ideas, new starting point. Let's do it together.