|Cathy Bai||Vice President, Corporate Finance|
|Ting Zheng||Chairman and CEO|
|Albert Chen||Chief Financial Officer|
|Jeff Oliver||Lone Star Funds|
|Cyrille Pichot||Altimeo Asset Management|
Welcome to Global Cord Blood Corporation’s Earnings Conference Call for the Fiscal 2021 Second Quarter. All participants’ lines will be placed on mute during presentation. After which, there will be a question-and-answer session. To allow everyone a chance to ask a question during the Q&A session, please limit your question to one question at a time.
Now, I would like to introduce Ms.