KANZHUN LIMITED

Ladies and gentlemen, thank you for standing by and welcome to the Kunzhen Limited First Quarter 2022 Financial Results Conference Call. At this time, all participants are in listening mode. After the speaker's presentation, there will be a Q&A session. Today's conference is being recorded. At this time, I will turn the conference over to Ms. Wenbei Wang, Head of Investor Relations. Please go ahead, ma'am.

Thank you, Operator. Good evening and good morning, everyone. Welcome to our first quarter 2022 earnings conference call. Joining me today are our founder, chairman, and CEO, Mr. Jonathan Peng Zhao, and our director and CFO, Mr. Phil Yu Zhang. Before we start, we would like to remind you that today's discussion may contain forward-looking statements, which are based on management's current expectations and observations that involve known and unknown risks, uncertainties, and other factors not under the company's control. which may cause actual results, performance, or achievements of the company to be materially different. The company cautions you not to place undue reliance on forward-looking statements and do not undertake any obligation to update this forward-looking information except as required by law. During today's call, management will also discuss certain non-GAAP financial measures for comparison purposes only. For a definition of non-GAAP financial measures, and the reconciliation of GAAP to non-GAAP financial results, please see the earnings release issued earlier today. In addition, a webcast replay of this conference call will be available on our website at ir.gpin.com. With that, I will now turn the call to Jonathan, our founder, chairman, and the CEO.

JONATHAN ZITTRAIN- Hello, everyone. Welcome to our first quarter 2022 earnings conference call. First of all, on behalf of the company, I would like to express our sincere gratitude to our users and investors for your ongoing trust and support. 2022年一季度,我们实现了不错的收入增长。 公司的GAAP收入为人民币11.4亿元, 同比增长44%。 In the first quarter of 2022, we achieved a solid performance. The company recorded GAAP revenue of RMB 1.14 billion with a year-on-year growth of 44%. 扣除股权激励费用的