No. Enterprise asset securitization is a financing method of issuing securities based on enterprise assets. Alibaba 1 Special Asset Management Plan is a collective asset management plan in which securities companies or fund management companies act as managers to centrally manage the assets of multiple customers and conduct investment operations according to the agreed investment strategy. The plan is aimed at high-net-worth clients or institutional investors, and the goal is to realize asset appreciation and preservation. Therefore, Alibaba 1 special asset management plan does not belong to enterprise assets.