Samuel Shen | Chief Executive Officer, Executive Chairman of Retail IDC |
Sharon Liu | Chief Financial Officer |
Rene Jiang | Investor Relations Director |
Yang Liu | Morgan Stanley |
Tina Hou | Goldman Sachs |
James Wong | UBS |
Arthur Lai | Citi |
Edison Lee | Jefferies |
Kyna Wong | Credit Suisse |
John Choi | Daiwa Capital Markets |
Chris Ko | DBS |
Ethan Zhang | Nomura |
Tina Hou | Goldman Sachs |
Good morning and good evening ladies and gentlemen. Thank you and welcome to 21Vianet Group's Fourth Quarter 2020 Earnings Conference Call. With us today are Mr. Samuel Shen, Chief Executive Officer and Executive Chairman of Retail IDC; Ms. Sharon Liu, Chief Financial Officer; and Ms.