I will now share the training process leading up to the debut of our 2yos. First, the yearlings complete their initial training at the breaking in farm and then go for a pasture turnout before entering our stable. In the stable, they undergo schooling on the track, light trackwork, barrier practice, and swimming. Afterward, they are turned out again to encourage growth, and the horses that are developing well and are on track for early debuts start to join the stable. This year, our stable has 18 2yo horses preparing for their debuts. Watching these horses grow stronger little by little makes me very excited for the future.