Atour Lifestyle Holdings Limited

ladies and gentlemen thank you for standing by and welcome to the at all lifestyle holdings fourth quarter and full year 2023 earnings conference call at this time all participants are in a listen only mode after the speaker's presentation there will be a question and answer session today's conference is being recorded At this time, I would like to turn the conference over to Ms. Alison Zhang, Director of Investor Relations. Please go ahead, ma'am.

Thank you, operator. Good morning and good evening, everyone. Welcome to our fourth quarter and full year 2023 earnings call. Today, you will hear from our founder, chairman, and CEO, Mr. Wang Haijun, and our co-chief financial officers, Mr. Wang Shoudong and Mr. Wu Jianfeng. Before we continue, please be aware that today's discussion will include forward-looking statements under federal securities laws. These statements are subject to various risks and uncertainties, and actual results may differ significantly from what is stated or implied in our comments today. The company is not obligated to update any forward-looking statements except as required by applicable laws. Additionally, during this call, our management will discuss certain non-GAAP financial measures solely for comparison purposes. For clear understanding of these measures and a reconciliation of GAAP to non-GAAP financial results, please refer to the earnings release issued earlier today. Furthermore, a webcast replay of this conference call will be available on our website at ir.yaduo.com. Now I will turn the call over to Mr. Wang, our CEO.

Thank you, Allison. Hello, everyone, and thank you for joining