William Li | Founder, Chairman and Chief Executive Officer |
Steven Feng | Chief Financial Officer |
Stanley Qu | Vice President of Finance |
Tim Hsiao | Morgan Stanley |
Ming Hsun Lee | BofA Securities |
Nick Lai | JPMorgan |
Bin Wang | Credit Suisse |
Chang Liu | CICC |
Edison Yu | Deutsche Bank |
Paul Gong | UBS |
Jeff Chung | Citi |
[Abrupt Start] and are posted at the company's IR website. On today's call, we have Mr. William Li, Founder, Chairman of the Board and Chief Executive Officer; Mr. Steven Feng, Chief Financial Officer; Mr. Stanley Qu, VP of Finance; and Jade Wei, AVP of Capital Markets and Investor Relations.