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This trend is quite interesting. Recently, the founders of major leading exchanges have been releasing year-end open letters one after another, some sharing performance reports, others sharing strategic outlooks. On the Chinese exchange side, most have already taken action, except for the leader of a certain top platform who has yet to make a move.
Thinking back, the competition among exchanges has indeed been fierce over the past two years, with each founder expressing their stance and engaging in various ways. The year-end letter has now become a standard format—it can summarize achievements and also generate momentum for the new year.
Some say this is an industry trend indicator, while others are speculating whether there will be more surprises. As for whether there will be further developments, let's wait and see.