First, let's introduce ByteDance Company. We are familiar with their short video applications, such as Pipi Shrimp and Tik Tok, which have also gained a large number of fans and users. Therefore, ByteDance Company has achieved large-scale expansion in just two years, and its strength is strong.
With the continuous development of Internet, Internet-based industries are also developing, and education industry is one of them. Nowadays, network education is more and more developed, which brings great convenience to students' study. Our traditional study requires us to go to the classroom to study, but now this model realizes the way that we can study at any time and anywhere, which is also very convenient for our study and worth using.
Many Internet giants have also developed their own diversified industries, some choose to invest in new energy, and some choose education platforms. Take education as an example. Education is the foundation of a century-long plan. It can be said that education is an unchangeable truth and will continue to develop. It is precisely because of education that our civilization has been spread, our science and technology have made progress, and our society has more talents, which is also a dividend brought by education.
As a large network company, ByteDance also saw the importance of education and began to invest in education. The joining of this Internet giant has also promoted the diversified development of education, because they will definitely combine their own advantages to develop their own short video education platform, which is also in line with everyone's habits and will also promote the development of education.
Because these companies have a lot of traffic, they will also combine these traffic to develop or publicize their own education platforms, which will also bring many advantageous resources to the whole industry, promote the development of education, and also bring certain benefits to consumers, which is what we hope.