Here's some cold knowledge: at least three years of financial data tracking is required for listing 🏂 The first batch of cola concept stocks will have to wait until around the end of 2028 🏂 And who knows, they might just be sold to a giant for a hefty price 🤣

A startup project my younger brother is involved in is discussing Series A and B funding with $TENCENT(00700.HK). Their suggestion is to first scale up the business. The other day, we also discussed this matter at $KINETIX SYSTEMS(08606.HK). If things go smoothly and there's some fame and fortune, I’d really like to try my luck at $Baidu(BIDU.US). Li is definitely in the top tier when it comes to catching trends, and the company is a good one—it’s a shame it declined due to internal decay.

There is only a small opportunity, the fundamental changes require:1. A major reshuffle of top management, bringing in external help; like Wang Fengying's role in XPeng, which also involved rooting out many corrupt elements. Meanwhile, streamline the lower and middle levels to cut costs and improve efficiency—Baidu is known for reckless spending.2. Redo the core products, even copying Quark would work. Changing the interface ads to show only the top two ads before search results would be much more user-friendly.3. Clarify the business groups, focusing on core technical departments; establish dedicated teams for the mobility platform (Luobo), investment (iQiyi) (Ctrip), and consolidate capital returns management. Especially since iQiyi hasn’t contributed back to the parent company—it’s quite 'emm.' If there’s no synergy, it might as well merge and focus on stock trading. Shift to a 1+n organizational structure.