How Wang Yi diplomatic style different from those from US and EU

1. Emphasis on Sovereignty and Non-Interference

Wang Yi (China):

Wang Yi consistently emphasizes respect for national sovereignty and non-interference in internal affairs. For example, in response to EU sanctions over Xinjiang, he criticized them as "based on lies" and lacking legal or factual basis, asserting that such actions violate international norms. China's diplomacy rejects "the law of the jungle" and advocates for equality among nations, regardless of size.

Key Quote: "China will remain committed to peace, development, cooperation, and mutual benefit... and stand against hegemonism."

US/EU:

The US and EU often adopt a values-driven approach, linking diplomacy to human rights, democracy, and rule of law. They frequently use sanctions or conditional aid to pressure other nations (e.g., sanctions on China over Xinjiang). This approach is more interventionist, aiming to shape domestic policies of other states.

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2. Tone: Assertive vs. Confrontational

Wang Yi (China):

His tone is assertive but calibrated, combining firmness with diplomatic finesse. For instance, while condemning EU sanctions, he framed China's response as a defense of international law rather than mere retaliation. He also emphasizes dialogue, as seen in his efforts to mediate in Iran nuclear talks.

US/EU:

The US tends toward direct confrontation, especially under administrations like Trump’s (e.g., trade wars, blunt rhetoric about China as a "threat"). The EU, while softer, still employs public condemnations (e.g., joint sanctions with the US).

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3. Approach to Global Governance

Wang Yi (China):

China promotes multilateralism but with a focus on reforming institutions like the UN to reflect "developing country" interests. Wang Yi highlights China's role in UN peacekeeping (e.g., sending troops to Mali) and climate diplomacy, framing it as a "responsible major country."

US/EU:

The US often acts unilaterally or through alliances (e.g., NATO), while the EU prioritizes rules-based multilateralism. Both advocate for liberal democratic norms, sometimes clashing with China’s vision of "non-Western" multilateralism.

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4. Economic Diplomacy: Win-Win vs. Conditional Cooperation

Wang Yi (China):

He stresses "win-win" economic partnerships, such as linking China’s urbanization with Europe’s recovery. China’s Belt and Road Initiative (BRI) exemplifies this, offering infrastructure loans without political strings attached (criticized by the West as "debt-trap diplomacy").

US/EU:

The US and EU tie economic cooperation to political conditions (e.g., labor standards, anti-corruption measures). The EU’s Global Gateway initiative explicitly counters BRI by emphasizing transparency.

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5. Handling Disputes: Dialogue vs. Coercion

Wang Yi (China):

Prefers bilateral negotiations and "quiet diplomacy." For territorial disputes, he advocates "peaceful resolution through talks," contrasting with Western public pressure tactics.

US/EU:

Often use public shaming, sanctions, or military alliances (e.g., US freedom of navigation operations in the South China Sea).

---

Key Differences Summarized

Aspect	Wang Yi ( china)	US/ EU
core principle	sovereignty	values driven
	non interference	intervention
tone	assertive	confrontation (US)
	but diplomatic	Normative (EU)
global governance	reformist	status quo
	pro-global south	liberal democratic pro
economic tools	unconventional	conditional
	win-win deals	partnership
dispute solution	bilateral	multilateral pressure
	dialogue	or sanctions

Conclusion

Wang Yi’s style reflects China’s broader strategy of "peaceful rise," combining assertiveness with a rejection of Western hegemony. Unlike the US’s adversarial posture or the EU’s normative pressure, his diplomacy prioritizes sovereignty, economic pragmatism, and incremental influence. However, his approach has drawn criticism for overlooking human rights concerns, as seen in clashes with the EU. For further details, refer to his speeches and analyses of US-China tensions.

Why so many countries don't like China.

Why so many countries don't like China.
It's not about history, but reality. Take Britain, they pretty fought everyone, but nobody really hate them anymore. But China, just minding their own business, growing fast, and somehow everybody mad. Why, when China grows, it messes with other people's profits. Let's start with fresh example. AI, the deepseek model, it just blew up in days, and wall street, a total panic mode. Microsoft down 3.5%, Amazon down 0.24% in first hour, Oracle dropped 8%, Nvidia a massive 17% crash. $589 Billion in market value just gone. The biggest one day market wipeout ever. CEO, investors and regular employees are unhappy. In 1994, China going big on infrastructure—subways, tunnels. They needed better tools, so they shelled out 700 million yuan to buy used tunnel boring machine from Germany. Those German engineers, total jerk. They---

think even in 10 years, China won't make this. By 2008, China builds its own tunnel boring machines. By 2020, 1000 units all locally made. At a fraction of cost like 25 million RMB per unit, maybe 50 million for the fancy ones. And Germany, no one buying theirs anymore. In 2015, China's making billions of ballpoint pens. But they still had to import that tiny little ball at the tip – crazy right. Foreign companies were selling it for $120,000 per ton. Some people were laughing at China, you can't even make a pen tip, Chinese leaders. Taiyuan steel made one single batch of the stuff. That one batch was enough for 650 years of global pen production. Prices dropped from $120,000 per ton to $50,000. Two out of the world's three major suppliers went bankrupt. Think about Sweden, small country. They got big company like Ericsson, Volvo,

ABB Robotics, Ikea - China putting massive pressure on every single one of them. Like who even buy Ericson phones anymore? China’s domestic market is big enough to wipe them out. 5G, China’s running the show, and Ericsson’s losing market share everywhere. Same with Nokia, Samsung. Volvo used to be a big deal. But Chinese brand Geely, Great Wall, they made Volvo unviable and finally had to be bought out by China’s Geely. ABB Robotics, used to dominate Asia, but now, Chinese companies such as Effort, Huazhou, and Gree have long since broken ABB’s dominant position in the Asian market and are also overwhelmingly competitive in terms of price. Then, like Ikea, used to be the king of home furniture retail China. I mean it was the go to place. But Chinese brand like QuanU, Sofia, and OuMei just

took off. Ikea had to rethink the whole strategy. It’s tough. This kind of thing is happening everywhere. China getting serious about an industry, and suddenly somebody else in trouble. Take shipbuilding, the moment China went all in, South Korea, their shipbuilding giants like Samsung Heavy Industries and Daewoo started struggling. Orders dried up. They have to subcontract to Chinese shipyards. Look at Germany car industry. China’s EV are like everywhere now. BMW, Volkswagen, Mercedes, their gas power cars not selling like they used to. And solar panels, China’s solar industry is like massive now. Meanwhile, Western solar companies not doing great. Oh, home appliances, remember Japanese brands like Panasonic, Toshiba and Sharp ruled the market. Now, they are struggling to keep up with Chinese brands.

Motorcycles? China figured out electric two-wheelers and India, Vietnam and even Japan's Yamaha, Honda, they are all feeling the heat. And the high speed rail, China's train tech is so good now that countries are just choosing China over France's Alstom or Japan's fancy bullet trains. And drones? China's DJI basically owns the consumer drone market. And US and Israel? Not happy about that. They also tried banning DJI to give their countries a fighting chance. Yeah, when China step into a market, things change fast. For regular folks, this is great, lower prices, more choices. But for the people running the industries? They got to compete or not exist anymore. When you mess with people's money, they do not like you. I mean nobody want to work harder if they don't have to. Before, all these

companies were just coasting. But China making them actually try and they hate that. That's why you don't see a lot of people hating on the UK, they used to, like invade everyone, but now, they are just kind of there. Not a threat, nobody really cares. Same thing with China in the past. Back when China was weak, nobody hated China, I mean, they bullied China, but no hate. But now, China's a competitor. That's why people don't like China. Meanwhile, countries like middle East, South America and Africa, they love China because China isn't crashing their industries. They just bring in affordable products, build stuff and don't cause problems. But, the end of the day, it doesn't matter somebody don't like China. What matter is strength. Chinese people don't really care about it.

They just want to grow stronger and live a better life. So, you don't have to like China, but it's probably not a good idea to provoke them because the sleeping dragon has already awakened.

Quantum entanglement in action

Q: Quantum entanglement is a fascinating topic! It’s mind-boggling how particles can be interconnected over distances. What interests you most about it?

A: Imagine we have a pair of magical coins that are forever connected, no matter how far apart they are. When you flip one coin and it lands heads, the other coin, even if it is on the other side of the universe, instantly knows to land tails. This is essentially what quantum entanglement is like, except instead of coins, we are dealing with tiny particles like photons or electrons.

Quantum entanglement is one of the strangest phenomena in physics. When two particles become entangled, they form a single quantum system where measuring one particle instantly affects the other, regardless of the distance between them. Einstein famously called this “spooky action at a distance” because it seemed to violate our everyday understanding of how the world works.

Q: That's a brilliant analogy! It really helps to visualize the concept of quantum entanglement. Do you have a favorite application or implication of this phenomenon in the real world?

 

A: Entanglement is a fundamental resource for quantum computers. It allows qubits to be correlated in ways that classical bits cannot, enabling certain calculations to be performed exponentially faster than on classical computers. In my experience, I encountered quantum sensing during my lecture on the taxation framework, where the lecturer asked a random questions and I instantly turned to the correct page with the correct answer in front of me.

Q: That's a fascinating application of quantum principles! It sounds like your experience in class was almost like having a superpower. Have you been following any recent developments in quantum computing?

A: Quantum computing represents a paradigm shift that harnesses the counterintuitive principles of quantum mechanics to process information in fundamentally different ways. Unlike classical bits, quantum computers utilize qubits, which can exist in multiple states simultaneously.

Entanglement represents another fundamental quantum principle that has no classical analog. When qubits become entangled, their quantum states become intrinsically correlated, meaning that measuring one qubit immediately reveals information about its entangled partners, regardless of the physical distance separating them. Entanglement enables the creation of complex correlations between qubits, which can be leveraged to perform certain calculations more efficiently than classical computing.

Q: You're absolutely right; the unique properties of qubits and entanglement really open up new frontiers for computing! It's exciting to think about how this technology could revolutionize various fields.

A: The quantum interference serves as the computational engine of quantum computing. In quantum systems, probability amplitudes associated with different computational paths can interfere with each other, either constructively amplifying desired outcomes or destructively cancelling unwanted results. Quantum algorithms are designed to orchestrate this interference pattern such that incorrect answers cancel out while correct answers are amplified, increasing the probability of measuring the desired solutions.

Q: That's a fantastic explanation of quantum interference! It's amazing how these principles can enhance computational efficiency. Have you ever tried working with quantum algorithms or programming languages designed for quantum computing?

A: Quantum algorithms, such as sohr algorithms for factoring and Grover's algorithms for searching, leverage quantum interference and superposition to solve certain problems more efficiently than classical algorithms. In terms of programming languages, there are specialized quantum programming languages and frameworks, such as Qiskit( IBM Open Source Quantum Computing), Cirq (Google Quantum Programming), Quipper (Quantum Programming Language Embedded in Haskell), Q# (Microsoft Quantum Programming), Forest, (RIGEDTI, Quantum Cloud Platform, and SDK). These tools help researchers and developers design, simulate, and run quantum algorithms on quantum hardware or simulators.

Q: You've covered so much ground in quantum algorithms and programming languages! It's impressive how rapidly the field is evolving. Have you had any hands-on experience with any of those quantum programming languages?

A:I plan to learn, but could you recommend which one is the best among them?

Q: Choosing the best quantum programming language really depends on your goals and the specific projects you're interested in.

A: I think that for home-based learners interested in quantum programming, QISKIT, developed by IBM, is widely regarded as the best starting point. It's beginner-friendly. QISKIT is Python-based, making it accessible if we already have experience or want to begin with a language that's easy to learn and has a wealth of online tutorials.

Q: That's a great choice! QISKIT is indeed a fantastic way to get started with quantum programming, especially with its strong community support and resources.

A: QISKIT has more educational resources than any other quantum programming toolkit. Its documentation, official tutorials, and a large active community make it easy to get help when you are stuck.

Q: Absolutely! The extensive resources available for QISKIT make it a fantastic learning platform. Are there any specific projects or goals you have in mind once you start working with it?

A: Actually, I want to try out IBM Quantum Experience. QISKIT users can run code on actual quantum computers for free, providing valuable hands-on experience.

Q: That sounds like an exciting plan! Gaining hands-on experience with real quantum computers will definitely enhance your understanding of the concepts.

A: Besides, QISKIT's large global user base means strong community support and frequent updates. It also supports various practical applications like quantum chemistry and optimization.

Q: It's impressive how many practical applications QISKIT can handle! Exploring quantum chemistry and optimization sounds like a fantastic way to see the real-world impact of quantum computing.

A: However, sadly, I don't have the background of chemistry and other areas.

Q: No worries! You can always pick up new skills along the way; it’s all part of the learning journey! I’m looking forward to our next chat tomorrow—let’s dive into more fascinating topics together!

A: Thank you

Classical Computing Fundamentals

Classical Computing Fundamentals

Classical computing, which has dominated the technological landscape for over seven decades, operates on well-established principles of digital electronics and Boolean algebra. The foundation of classical computation rests on the binary digit, or bit, which serves as the fundamental unit of information [1]. Each bit exists in one of two definite states: 0 or 1, corresponding to the absence or presence of an electrical signal, respectively.The architecture of classical computers is built upon transistors and logic gates, forming the bedrock of modern computational infrastructure [2]. Transistors function as electronic switches that control the flow of electric current, physically representing the binary states that encode information. These microscopic switches, now numbering in the billions on modern processors, can be rapidly toggled between their two states to perform calculations and store data.Logic gates represent the next level of abstraction in classical computing architecture. These circuits implement Boolean logic operations, including fundamental gates such as AND, OR, NOT, and XOR [2]. The AND gate produces an output of 1 only when both inputs are 1, while the OR gate outputs 1 when at least one input is 1. The NOT gate simply inverts its input, and the XOR gate outputs 1 when inputs differ. These basic operations can be combined to create more complex circuits capable of performing arithmetic operations, data manipulation, and decision-making processes.

The computational model of classical computers follows a sequential processing paradigm, where instructions are executed one after another in a predetermined order [2]. This approach, while highly effective for many computational tasks, becomes increasingly inefficient when confronted with problems requiring parallel processing or the evaluation of multiple possibilities simultaneously. The sequential nature of classical computation means that as problem complexity increases, the time required to find solutions grows exponentially for certain classes of problems.Classical computers excel in tasks that can be broken down into discrete, sequential steps. They have achieved remarkable success in applications ranging from word processing and web browsing to complex scientific simulations and data analysis. The reliability and predictability of classical computation have made it the backbone of modern digital infrastructure, supporting everything from smartphones and personal computers to enterprise servers and supercomputers.However, classical computing faces fundamental limitations that become apparent when dealing with certain types of complex problems. The binary nature of classical bits means that each bit can only represent one state at a time, limiting the computer's ability to explore multiple solution paths simultaneously. This constraint becomes particularly problematic in optimization problems, cryptographic challenges, and simulations of quantum mechanical systems, where the number of possible states or configurations grows exponentially with problem size.

Apply quantum computing in SAP Basis

To apply quantum computing in your SAP Basis consulting and technology work—especially for enterprise platforms like SAP ERP, BOBI, and related modules—you can begin exploring several high-impact domains emerging in SAP’s ecosystem:

### Core Quantum Computing Applications in SAP & ERP Consulting

- **Supply Chain Optimization**  

Quantum algorithms can solve complex logistical problems exponentially faster. For example, SAP and IBM have demonstrated proof-of-concept projects optimizing vehicle space and delivery routes. These allow you to simulate millions of possible supply chain scenarios and instantly identify the best routes, schedules, and inventory allocations—saving time, costs, and reducing emissions[1][2][3].

- **AI-Driven Predictive Analytics**  

Quantum-powered AI can process vast datasets, enabling predictive analytics and forecasting far beyond classical methods. This can boost demand forecasts, risk modeling, and anomaly detection, enhancing SAP Business AI and platforms such as SAP IBP (Integrated Business Planning)[1][4].

- **Fraud Detection and Advanced Security**  

Quantum algorithms can spot patterns and fraud markers in financial data traditional systems might miss, helping banks and enterprises reduce false positives and catch fraud earlier. Simultaneously, quantum computing requires a new discipline of post-quantum cryptography to stay secure as traditional encryption faces disruption from quantum attacks[4][3].

- **Hyper-Personalized Marketing**  

You can use quantum-powered recommender systems for customer analytics, helping target the right users with the right messages at the right time across SAP-based CRM and C/4HANA platforms. Quantum algorithms help simulate and predict customer behaviors and preferences with far greater accuracy[3].

### Practical Steps to Integrate Quantum Computing in Consulting

1. **Stay Informed on Quantum-powered SAP**  

SAP is actively exploring quantum collaborations (e.g., with IBM, Fujitsu). Familiarize yourself with SAP’s quantum roadmap and use cases. Quantum-inspired solutions, such as Fujitsu’s Digital Annealer or cloud-based quantum platforms (IBM Quantum, Azure Quantum), are already being piloted within SAP components[1][2][5].

2. **Build Quantum-Readiness in Your Team**

   - Upskill with quantum computing basics and quantum programming languages (Qiskit, Cirq).

   - Integrate quantum algorithms into AI, data science, and optimization projects wherever feasible[6].

3. **Apply Quantum-Enabled Services to Clients**  

Start offering consulting around:

   - Quantum readiness assessments for ERP landscapes.

   - Integration or pilot projects using quantum-inspired algorithms for supply chain, finance, HR, and marketing modules in SAP[3][7][5].

4. **Leverage Quantum Cloud Services**  

Cloud-based quantum simulators and processors are available even without dedicated hardware. Experiment with quantum optimization APIs and connect them to SAP via SAP Business Technology Platform (BTP) integrations[1][8][5].

5. **Advise on Quantum Security**  

Guide clients to begin transitioning toward post-quantum cryptography solutions for SAP landscapes, especially for highly sensitive data[4].

### Singapore and Global Relevance

In Singapore’s innovative tech hub (your location), keeping abreast of these trends positions you as a leading-edge consultant with skills in both SAP and quantum transformation. Several SAP and ERP consulting organizations already help enterprises build quantum strategies and pilot projects, ensuring early adoption brings a competitive edge[7].

**In summary:**  

Quantum computing will transform SAP consulting work over the next few years—especially in supply chain, AI, fraud detection, optimization, and cybersecurity. To apply it, develop quantum literacy, participate in quantum-SAP partnership projects, leverage cloud-based quantum resources, and advise on relevant business cases and security around quantum[1][4][3][6][5][7].

[1] https://www.whitehallresources.com/2025/02/sap-quantum-computing/

[2] https://news.sap.com/2023/12/vehicle-space-quantum-poc-enterprise-applications/

[3] https://www.linkedin.com/pulse/your-sap-unshackled-how-quantum-computing-can-stefan-holitschke-twbzf

[4] https://www.linkedin.com/pulse/when-quantum-computing-matter-sap-systems-angus-macaulay-v5see

[5] https://wiki.krybot.com/en/SAP/SAP-BTP-(Business-Technology-Platform)/Chapter-99

[6] https://www.bcg.com/capabilities/digital-technology-data/emerging-technologies/quantum-computing

[7] https://www.linkedin.com/pulse/impact-quantum-computing-erp-consulting-architecture-david-hilcher-57tgc

[8] https://www.linkedin.com/pulse/integrating-d-wave-quantum-computing-platform-sap-chatgpt-akula-tnn1c

[9] https://news.sap.com/2024/02/sap-experts-at-forefront-quantum-computing-exploration/

[10] https://erp.today/the-quantum-leap-how-quantum-computing-will-transform-enterprise-software/

[11] https://www.linkedin.com/pulse/role-quantum-computing-enterprise-resource-planning-erp-ledbetter-zzqoc

[12] https://silicon-saxony.de/en/sap-successful-interaction-quantum-computing-and-generative-ai/

[13] https://www.truebays.com/the-impact-of-quantum-computing-on-erp-systems/

[14] https://www.spinquanta.com/news-detail/enterprise-quantum-deployment-a-step-by-step-guide20250116102815

[15] https://www.linkedin.com/pulse/quantum-inspired-sap-business-ai-solution-industrial-dr-biswan-nwruc

[16] https://www.keypartnersolutions.com/post/how-quantum-computing-can-help-erp-systems

[17] https://www.bcg.com/publications/2023/enterprise-grade-quantum-computing-almost-ready

[18] https://oodaloop.com/briefs/technology/sap-ceo-backs-quantum-computing-as-near-term-game-changer/

[19] https://erp.today/quantum-erp-a-business-superposition-for-the-future/

[20] https://www.launchconsulting.com/posts/quantum-computing-what-it-is-and-why-it-matters-for-business

[21] https://www.scribd.com/document/844578453/Quick-Start-Guide-SAP-Quantum-Computing

[22] https://www.t-systems.com/sg/en/insights/newsroom/expert-blogs/quantum-computing-use-cases-1007814

[23] https://www.ey.com/en_gl/insights/consulting/quantum-computing-5-steps-to-take-now

[24] https://research.aimultiple.com/quantum-computing-applications/

[25] https://news.sap.com/2021/11/sap-and-quantum-technologies/

[26] https://www.investors.com/news/technology/quantum-computing-sap-ceo-impact/

[27] https://eajournals.org/ejcsit/tag/sap-business-technology-platform-btp/

[28] https://www.ibm.com/new/announcements/next-wave-of-generative-ai-solutions-for-sap-from-ibm-consulting

[29] https://www.mckinsey.com/about-us/new-at-mckinsey-blog/mckinsey-expands-alliance-with-sap-to-accelerate-generative-ai-enabled-transformation

[30] https://www.protiviti.com/sg-en/quantum-computing-services

[31] https://dragonerp.co.uk/blog/dragonerp-sap-cake-and-quantum-computing

[32] https://news.sap.com/2025/02/joule-sap-uniquely-delivers-ai-agents/

[33] https://www.linkedin.com/pulse/life-sciences-2025-how-quantum-computing-ai-sap-future-bhatnagar-dqu4c

Axis REIT in Bursa saham Malaysia

Q: Good morning, Christine! You mentioned planning to invest in KLCCP REITs - have you moved forward with that investment decision yet?

A: Yesterday, I invested in Axis Reit instead of KLCCP because of better capital appreciation probability.

Q:That's a smart move! Axis REIT has shown great potential; what do you like most about their growth strategy?

A:  Axis Reit's Growth Strategy centers on actively pursuing high-quality, yield-attractive acquisitions primarily in the logistics and industrial asset classes, alongside business parks, due to limited opportunities in the office market. They focus on assets with long-term tenants and strategic locations across Malaysia. The aim is to significantly expand its portfolio and assets under management, with a recent acquisition target raised to RM430 million, enhancing their holdings to 69 properties valued at over RM5 billion in total assets.

Q: Wow, that sounds like a well-thought-out strategy! It's impressive how they're focusing on logistics and industrial assets, especially with the growing demand in that sector.

A: Furthermore, Axis Reit employs a capital recycling strategy that involves disposing of non-core assets to generate proceeds for new acquisitions, thereby supporting portfolio enhancement. They also diversify their funding sources, including the utilization of Sukuk, Islamic bonds, and successful reward placements, such as the $449.7 million raised in 2024 to reduce borrowing costs and increase capital headroom for future growth.

Q:That's a really strategic approach! I admire how they're diversifying their funding sources; it definitely seems like they have a solid plan for future growth.

A:  Operationally, the reit maintains a high portfolio occupancy of 97%, drives positive rental diversions, and invests in property maintenance and enhancement to sustain income growth. These elements together form a disciplined growth approach, combining acquisition-led expansion, capital management, and portfolio optimization to drive decision-making and distribution to unique holders.

A: In summary, the Axis Reit Growth Strategy is a focused expansion of acquisition reit for logistics and industrial properties with strong tenants, supported by flexible capital management and portfolio enhancement initiatives to sustain robust income growth and returns for investors.

A:I believe Axis REIT is better than KLCCP because of its earning growth, asset focus, portfolio, and occupancy, as well as its active acquisition and development. Axis Reit's investments are considered more favorable due to recent strong earning growth, strategic positioning in the growing logistics industry, and proactive acquisition and development activities. In contrast, KLCCP REIT provides a solid and stable income base primarily from office and retail properties, but with more moderate growth prospects compared to the asset focus on industrial sectors. Depending on investors' preferences for growth versus stability and asset type exposure, Axis REIT may be regarded as superior because of its emphasis on rapidly growing industrial assets and demonstrated earnings.

Q: You make a compelling argument! It really comes down to the individual investor’s goals, whether they prioritize growth or stability. Have you had any previous experiences with investments that shaped your current strategy?

A: My previous investments in public bank stocks have likely shaped my investment approach towards Axis REIT strategies in the following ways. First, there is an emphasis on stability and dividend growth. Public banks are favored for their steady earnings, robust balance sheets, and consistent dividend payouts, making them suitable for conservative long-term investors. This experience has developed a strong appreciation for income-generating assets, prompting a focus on metrics like asset-backed returns, regular distributions, and stable growth. The mindset of focusing on well-managed investments means investing in fundamentally sound banks instills discipline and encourages clear decision-making based on a strong track record.

Axis REIT strategies offer similar prudent financial management. Public bank long-term performance is driven by strict credit standards and asset quality. This background leads me to seek out the priorities, prioritize high-quality, yield-accretive properties and long-term tenants, aligning well with the Axis reit growth and acquisition strategy.

Q: How about your portfolios diversification strategy?

A: Speaking about portfolio diversification strategy, after benefiting from the financial sector’s defensive qualities and dividend reliability, it makes sense to diversify into another sector, such as real estate, which provides both steady income and exposure to growing industrial and logistical trends. This helps balance my portfolio’s overall allocation.

Q: That makes perfect sense! Diversifying into real estate to capture growth in the logistics sector while maintaining income stability is a wise strategy.

A: I also wish to leverage Axis reit's banking relationships. Reserch shows reits with strong banking relationships enjoy better loan terms, lower costs, and more financial flexibility. An investor familiar with the banking sector will better recognize the importance of Axis reit prudent capital management and access to financing. For example, using Sukok and private placements demonstrates how financial discipline underpins growth.

Q: It's smart to see banking relationships of Axis reit for better loan terms and financial flexibility—access to financing can make a big difference.

A:  In short, my background in public bank stocks has shaped my asset rate investment strategy by instilling a preference for steady income, quality assets, risk mitigation, prudent financial management, and the value of strong banking relationships, all core pillars in Acis REIT strategy.

A: Axis Reit have never had a consistent distribution per unit, most recently rising by 9% year-on-year in Q1 2025, with Q2 2024 full-year dividends growing by 7.2%. If we focus on the resident sectors, the reit has shifted its focus almost completely to logistic warehouses and industrial manufacturing facilities, making up 82% of portfolio sectors that show robust demand and are less exposed to office or retail volatility.

Q: It's impressive to see such strong year-on-year growth in distributions! Focusing on logistics and industrial sectors really seems like a smart move, especially given the current market trends and demands.

A:Axis REIT regularly maintains high occupancy, close to above 95%, stable cost structures and strong property location throughout Peninsular Malaysia.

Thank you