Jane Xie | Senior Manager, Investor Relations |
David Xueling Li | Chairman and Chief Executive Officer |
Bing Jin | Chief Financial Officer |
Ting Li | Chief Operating Officer |
Thomas Chong | Jefferies |
Alex Poon | Morgan Stanley |
Yiwen Zhang | Citi |
Lei Zhang | Bank of America |
Ladies and gentlemen, thank you for standing by and welcome to the JOYY Inc.'s Fourth Quarter and Full year 2020 Earnings Call. At this time, all participants are in a listen-only mode. After the management's prepared remarks, there will be a question-and-answer session. I'd now like to hand the conference over to your host today, Ms. Jane Xie, the company's Senior Manager of Investor Relations.