Jingbo Wang | Chairlady and CEO |
Grant Pan | Chief Financial Officer |
Ethan Wang | CLSA |
Xue Yuan | CICC |
Daphne Poon | Citi |
Good day. And welcome to the Noah Holdings Limited Third Quarter 2020 Earnings Conference Call. All participants will be in a listen-only mode. [Operator instructions] After today's presentation there will be an opportunity to ask questions. Please note that this event is being recorded.