Ruiyu Li | Investor Relations |
Lei Xu | Chief Executive Officer, JD Retail |
Sandy Xu | Chief Financial Officer |
Eddie Leung | Bank of America/Merrill Lynch |
Ronald Keung | Goldman Sachs |
Thomas Chong | Jefferies |
Alicia Yap | Citigroup |
Hello and thank you for standing by for JD.com’s First Quarter 2021 Earnings Conference Call. [Operator Instructions] After management’s prepared session, today’s conference is being recorded.
If you have any objections, you may disconnect at this time. I would now like to turn the meeting over to your host for today’s conference, Ruiyu Li.
Thank you, operator and welcome to our first quarter 2021 earnings conference call.