Investors need to pay attention to risks:
1. The number of monthly active users (MAU) has fallen for three consecutive quarters.
2. Operating profit margin and non-GAAP net profit margin fell significantly in the fourth quarter.
3. The divident distribution amount and the distribution ratio both decreased.
4. Revenue growth was sluggish, with zero annual revenue growth, and the advertising and marketing revenue of non-Alibaba advertisers fell by 4%.
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