Sandy Qin | Senior Manager-Investor Relations |
Larry Chen | Founder, Chairman and Chief Executive Officer |
Shannon Shen | Chief Financial Officer |
Gregory Zhao | Barclays |
Mark Li | Citi |
Maggie Zheng | Haitong International |
Felix Liu | UBS |
D. S. Kim | JPMorgan |
Tian Hou | T.H. Capital |
Alex Xie | Credit Suisse |
Ladies and gentlemen, thank you for standing by, and welcome to the GSX Techedu Inc.
Third Quarter 2020 Earnings Conference Call. [Operator Instructions] Please note, this event is being recorded on November 20, 2020. I would now like to hand the conference over to your first speaker today, Ms. Sandy Qin, IR Senior Manager of GSX.