[Circle's Profit Margin After Deducting Distribution Costs Achieves Growth for Four Consecutive Quarters] Odaily Planet Daily News: Circle's Q1 financial report shows that Circle's RLDC profit margin reached 41%, achieving growth for four consecutive quarters. Odaily notes: RLDC profit margin refers to the profit margin after deducting distribution costs from revenue, reflecting the profitability level of core business excluding distribution expenses. This is widely regarded as Circle's most critical profitability metric. The continuous growth of this indicator signifies that Circle's control over distribution costs is becoming more efficient.