Lei Chen | executive |
Jiazhen Zhao | executive |
Jun Liu | executive |
Joyce Ju | analyst |
Kenneth Fong | analyst |
Thomas Chong | analyst |
Ladies and gentlemen, thank you for standing by, and welcome to PDD Holdings, Inc. Fourth Quarter and Fiscal Year 2023 Earnings Conference Call. [Operator Instructions]. Please be advised that today's conference is being recorded. I would now like to hand the conference over to your host today. Sir, please go ahead.