Yang Liu

“We see more platforms start the agentic search and booking on travel. How do you view this trend and how does Trip.com adapt to it?”

“Please ask your question. 谢谢 感谢提问的机会 首先恭喜公司非常不错的业绩 那我这边的问题都是关于广告业务的 那我们看到2Q以来中国整体的宏观和消费数据都偏弱 那公司的广告业务目前看到下半年的这个增长预期是如何的 那然后来自AI行业的广告投放趋势是否有一些编辑的变化 然后管理层如何拆分 2Q和下半年广告增长的驱动因素 尤其在下半年广告的基数就比较高了 那哪些锤类还可以支撑广告收入维持较快的增长 Let me translate my question My question is about the advertisement business.”

“Thanks for the opportunity and congratulations on the solid earnings. my question is about the future demand outlook based on your discussion with key customers in current environment or what is the growth or demand outlook going into the second half of 2026 if you can provide a little bit more breakdown by geographic…”

“Thanks for the opportunity to ask questions, and congratulations on the upward revision of four-year guidance. I would like to ask about the future potential moving.”