Wang Xing's telephone conversation on food delivery competition: firmly opposed to internal competition, insisting on doing the right thing.

On the evening of August 27th, during Meituan's financial report conference call, Meituan CEO Wang Xing stated, "First of all, we firmly oppose 'involution'." As competition in the food delivery market continues to intensify, Meituan will continue to defend its market position. "Meituan has grown in competition, and we have achieved our current leading position through continuous competition," Wang Xing said. Meituan has faced intense competition before, and over the past few years of development, Meituan has continued to grow and consolidate its leading position in the competition. Whether in the past or present, Meituan has always focused on doing the right things, ensuring high-quality supplies, stable fulfillment, and reasonable prices to create a good experience for users. Regardless of market changes or intense competition, Meituan will always adhere to doing the right things. "There is nothing fancy, just returning to basics, ensuring fast and reliable fulfillment, and ensuring affordable prices." At the same time, Wang Xing stated that Meituan will focus on long-term ecological development, benefiting consumers, merchants, and delivery drivers.