OPPO had another great quarter. Its global smartphone shipment grew +140% YoY during Q3 2016. In Asia Pacific, it overtook Huawei and became the 2nd largest smartphone vendor for the first time ever. Its growth is very solid, backed with differentiated and well-received smartphone portfolio, as well as well-established distribution system in offline channel. Will OPPO maintain momentum in 2017? What challenges it faces ahead?