This shift has transformed the industry practice of the bad money drives out of good money into the good quality wins. Number three, for the delivery capabilities, we invested quality and research focusing on two things: First, we enhanced our reliance on the system and the rooms for the progress management, not just on people. So we can build an end-to-end system that covers design, construction, materials and supply chain. Moreover, we spot AI-driven technology into improved customer acquisition and efficiency, which empower [indiscernible] beyond the traditional boundary of the project management, enable us certificate and efficiently manage time line [indiscernible] the government and the service online. This will ensure a high-quality breakthrough in scale.
Number four, for our product capability, we invested in product capabilities. Our products are based on the deep user insights covering the rich SKUs offers to meet specific user demand. As we keep developing our capabilities, we are confident that we can continuously improve our business towards a virtuous cycle of quality, scale, [indiscernible] across various regions. Thank you.
Operator: Thank you. Next question comes from Miranda Zhuang with Bank of America Securities.
Miranda Zhuang: [Foreign Language] [Interpreted] Thank you for taking my questions. So can management elaborate more on the recent organization upgrade and structural change? So what are the changes that have taken place and what are thoughts behind this upgrade?
Stanley Peng: Okay. Thank you, Miranda. The purpose of organization structure adjustment to establish a new formation to achieve our strategic goals. The strategic and business concept requires new organization structure to undertake and implement them, focusing on joyful living, fulfill career services and aspirate the [indiscernible]. We upgraded our strategy to One Body, Three Wings. Our corresponding organizational adjustments is also an upgrade of our management philosophy and mechanism. The new organization structure is centered on customers and placing the front line at the center of our value creation. We have established 4 business lines that are home transaction services, home renovation and furnishing, rental property management services and [indiscernible], function lines comprising finance, R&D, strategy, quality assurance, human resources, users, compliance, public affairs and corporate collaboration.
Together, these are designed to provide joyful living for customers and fulfill careers for service providers. Our business lines will work to take care of our customers, inspiring joyful living for customers in each city and fulfilling careers for different type service providers. The function lines will leverage their professional capabilities to provide good services to hold their defined and company’s internal customers and have different cities achieve the goals of the admirable services and joyful living. So these actions, we aspire to get right of our create and big company [indiscernible] and return to under [indiscernible] how we view ourselves, our customers and internal partners. The adjustment of organizational structure lays the foundation for company-wide consensus and invite every individual to participate in very [indiscernible] creation, it will facilitate unifying ideas and goals [indiscernible] of our industry throughout the cycles and return to the natural houses for living and in service of people and [indiscernible] demands of better living.
Thank you.
Operator: Thank you. We are now approaching the end of the conference call. I will now turn the call over to your speaker host today, Mr. Siting Li for closing comments.
Siting Li: Thank you, operator. Thank you once again for joining us today. If you have any further questions, please feel free to contact Beike’s Investor Relations team to contact information provided on our website. This concludes today’s call, and we look forward to speaking with you again next quarter. Thank you, and goodbye.
Operator: Thank you. The conference has now concluded. Thank you for attending today’s presentation, and you may now disconnect your lines.
